Stocks could drop 10% to 20% if the United States and China both dig in during trade talks, according to finance professor at the Wharton School, Jeremy Siegel.
"The strongest thing that Donald Trump has going for him in next year's election is the economy and the stock market. He cannot afford that to falter," added Siegel.
mkmfitzgerald Sometimes it’s best to take a step back and look at the big picture and not get sucked into “the sky is falling” headlines.
Mr président frame of mind. How you doing .!
You mean the Jeremy Siegel who said this in DEC 07; “I think the actual number of delinquencies next year will be below what the market predicts as investors have over-reacted to the mortgage crisis. When this happens it could lead to a nice recovery in financial stocks...'
Wow
No it will test 2009 lows, 2qtr earning will be horrendous. Potential WW3 with Iran? Trump presidency questionable? 2019 hurricane season will be chaotic. Just too many variables!!!
Ya think?
Weren't people saying something similar when the first round of tariffs we're in play. The market just doesn't care.
china is still coming mean they want to deal.
good time, is a buy time pronto
Trump's purposely manipulating the market to help his rich friends...
Only -10%/-20% He must be bullish like you permabulls constant nasdaq bullish charlatans Try back to the Xmas lows.....
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Source: CNBC - 🏆 12. / 72 Read more »