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

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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."

 

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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

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

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TradingNation Market is not ready for anything

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