Market is ‘one more bad inflation report’ away from a correction, Wharton’s Jeremy Siegel warns

  • 📰 CNBC
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 72%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Wharton's Jeremy Siegel on correction watch, warns market is not ready for U-turn on Fed policy (via TradingNation)

"I am still pretty fully invested because, you know, there is no alternative," he said. "Bonds are getting, in my opinion,Siegel anticipates rising prices will stretch out over several years, with cumulative inflation reaching 20% to 25%.

"Even with a little bit of bumpiness in stocks, you have to be wanting to hold real assets in this scenario. And, stocks are real assets." he noted. "All that which in the long run is going to maintain value."

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

TradingNation Those that can make $; ghost that can’t are professors moonlight on CNBC as pundits don’t skinny dip

TradingNation Liar never drops

TradingNation Can we just agree that these 'experts' don't know their ass from a hole in the ground? I've been reading articles about a correction since 2015. At some point they're going to be right, but in the meantime these guys are less accurate than weather forecasters.

TradingNation There's no one more cowardly than Fed Chairs who keep extremely loose policies in place and keep inflating this huge asset bubble for fear of a market hissy fit. We haven't had a decent & courageous Fed leader since Volcker. federalreserve

TradingNation I take his advice seriously. He has been right through the years

TradingNation Scare tactic?

TradingNation He is talking Powell? What if, Powell goes tomorrow? Biden's thanksgiving turkey gift to the markets? Market dives? ... lol

TradingNation

TradingNation Excuse me if I can't take anyone from Wharton seriously anymore.......

TradingNation Wow! It's another day and I'm withdrawing almost $20k this time all thanks to Crypto__Forbes I really appreciate your help,I'm short of words right now!! This platform is the real deal Crypto__Forbes

TradingNation Market is not ready for anything

TradingNation No. B-------h

TradingNation I'm really grateful for all the efforts you have render to me with my little investment of R30,000 and with joy over me after withdrawing R80,000 with your help Hendricksnino thank you for everything you have done for me and my family Hendricksnino

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Want to know why it's so hard to beat the market?OPINION: Fail to own just one or two stocks, and you could significantly lag behind. Here are two factors that make it difficult to beat the market, Mark Hulbert writes.
Source: MarketWatch - 🏆 3. / 97 Read more »