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Old 09-29-2020, 08:57 AM   #408
Edward64
Head Coach
 
Join Date: Oct 2005
Let's hope he is right about 2021.

(And everyone, be sure to eat your black eyed peas on Jan 1).

https://www.marketwatch.com/story/th...?mod=home-page
Quote:
That’s Jeremy Siegel, the Wharton professor credited for calling Dow 20,000 in 2015, explaining to CNBC in an interview on Monday why he believes that the stock market “is looking forward to a really good” run next year, regardless of who takes the White House.

Siegel explained that the “tremendous burst of liquidity” from the Federal Reserve and Congress will continue to provide a huge tailwind for stocks.

But, the immediate future, he warned, remains precarious.

“It’s hard for me to see, without a stimulus package and with that election uncertainty, for there to be a lot of progress between now and the first week of November,” Siegel said. “I think that uncertainty is going to continue to weigh onto the markets.”
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