One of the focuses of Validea’s Guru Investor Blog since its inception has been to summarize the opinions of leading market experts on the current market valuation and how that fits into a historical context. To that end, we regularly present a variety of data on both sides of the market valuation debate, which often can lead to different conclusions, but that we hope leads our readers to be more informed about how leading experts look at the market. Since 2005, we have also been maintaining our own internal valuation data, and we often find some interesting information within that data […]
In an interview with Advisor Perspectives, Siegel says he “may be the lone optimist in this market.” The noted investment author and commentator argues that the current market P/E is a mere 10.7 and that investors could see stocks return 20% over the next 12 months, although he sees a very difficult fourth quarter and a tough first quarter for the overall economy. Siegel’s putting his money where his mouth is though, and has his long-term money invested in international dividend-paying stocks, which he thinks will outperform in the long term.