div > div.group > p:first-child"> The U.S.-China trade war and slower-than-expected earnings growth are giving him an uncharacteristically muted view on the market's strength.
Siegel, known for predicting market milestones including Dow 20,000 to Dow 25,000, has been moving away from his bull stance. Last September, he told"Trading Nation" that correction risks were growing and 2019 could be a rough year. "We've got an 80 to 90 percent probability of a favorable outcome really baked in," Siegel said."One of the strongest things [President Donald] Trump has going for him is the economy, and the stock market. And, going into an election year, he doesn't want that to falter."
"Earnings estimates might be more challenged this year than a lot of analysts think," he said, alluding to the bearish impact of a higher dollar and last year's big increase in margins."[It] is not the cheap market that we certainly had last December."
Upside risk attaching to high stock prices might have impelled investors to seek other, risk-free, investment avenues like CDs. Lower interest rates can help re-divert investments from instruments like CDs back to stocks.
It’s not cheap but when you think of all the intangible and unmeasurable assets of these new companies, it could be looked at as very cheap! Content is a huge asset, but doesn’t always get added in for these valuations!
The opposite of what he says always happens
gee non-stop lowering of guidance by companies non-stop lowering of forward GDP both inb USA and rest of world S&P just below new alltime highs BitCoin ripping to moon to fleece that crowd one more time
Then how will you unload your inequity ?
it is if youre a CBD and HEMP industry investor....I avoid the THC/CANNABIS stocks....weed can still bought on the street for a lot less than the dispensaries sell it for...I dont see the money in that market any time soon...sorry
Thank you, Captain Obvious duh