Jeremy Siegel, a finance professor at the Wharton School of the University of Pennsylvania and senior investment advisor with Wisdom Tree Funds, offers his 2016 forecast in an interview appearing in Advisor Perspectives. Commenting on the current situation, he noted: “I have never seen a shortfall of earnings relative to estimates as sharp as we had this year. We had a total collapse in earnings.” Pointing to the energy sector he said: “no one thought oil would go down so far,” observing that “the S&P is not just a U.S. Index” because of “40% to 45% of its profits earned […]
Stock market talk has been filled with references to “bubbles” over the past couple years. But Wharton Professor and author Jeremy Siegel says those seeing a bubble in the current market need to get their eyes checked.
Author and Wharton Professor Jeremy Siegel says that, if the Federal Reserve does start increasing interest rates in September, it could be a blessing for the stock market.
Growth in US productivity has slowed considerably over the past decade, and explanations abound as to why. But Wharton professor and author Jeremy Siegel says the reality may be that new innovations have led to flawed data that underestimates just how productive the US has been.
Wharton Professor Jeremy Siegel, who had grown cautious on stocks recently, says the Federal Reserve’s lowering of interest rate projections has him feeling better.