Hedge Fund News From HedgeCo.Net

Market on Collision Course, Says Longtime Stock Bull

(Investopedia) One of the most consistently bullish advocates of investing in stocks has been Jeremy Siegel, a longtime professor of finance at The Wharton School of the University of Pennsylvania and author of Stocks for the Long Run. Right now, he’s cautious. “I’m pretty neutral,” he told CNBC on Monday, adding: “Last December I said this market is going to struggle this year. I predicted zero to 10 percent and honestly I don’t see any reason to change that prediction.” Rising interest rates and a waning boost to profits from tax reform are his main reasons for caution.

Read more: Market on Collision Course, Says Longtime Stock Bull | Investopedia https://www.investopedia.com/news/market-collision-course-says-longtime-stock-bull/#ixzz5DSn2oe6P
Follow us: Investopedia on Facebook

Related Posts Plugin for WordPress, Blogger...
This entry was posted in Syndicated. Bookmark the permalink.

Leave a Reply