You're not going to get value moving until the Fed drops rates, says Wharton's Jeremy Siegel

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Publicado 2024-07-26
Jeremy Siegel, professor emeritus of finance at University of Pennsylvania’s Wharton School of Business and Wisdom Tree chief economist, joins 'Squawk Box' to discuss the latest market trends, what to expect from June's PCE inflation data today, impact on the Fed's interest rate decision, and more.

Todos los comentarios (21)
  • I feel investors should be focusing on under-the-radar stocks, and considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises of plummeting stocks which were once revered and i don't know where to go here out of devastation.
  • @BobbyDon8
    Jeremy Seigel and Tom Lee have been the most reliable forecasters.
  • @mickeycinque
    I feel investors should focus on under-the-radar stocks, considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises plummeting stocks that were once revered. I don't know where to go here out of devastation.
  • @ChristineMillon
    Is it still wise to buy a home now, Stock or should I hold off and invest in the cryptocurrency market until the housing market corrects itself? It appears that this week's airdrops are great values
  • @Lee-e6x
    Inflation would have been more the past 3 yrs following his advice. He has been wanting interest rate cuts for a long time if you have watched his CNBC interviews thru this cycle. 2yrs ago he claimed most inflation behind us. Just received a 15.7% increase for annual adj for Medigap. Inflation affects everyone differently.
  • @jasonostack9319
    That’s cute. “Value moving”. That means price crash. The Fed doesn’t cut rates when things are going well.
  • @2023gainer
    The EV sector always has strong Summer Surges. Up 210 % week. FSRNQ.. Fisker.. Vev.. Vicinity Motors...Lev..Lion Electric..QS...Frey .. Joby Evtol Jets...Zapp Electric motorcycles, more.
  • @DG-2323
    The questioning of AI trade right now makes me more convinced it has serious legs. If it was only up that would I think end pretty bad (as we've seen before). This feels like a healthy pullback that is going to setup for a very nice EOY for the sector.
  • @SigFigNewton
    If everyone agrees with that take then it’s wrong. As usual. If everyone agrees that rate cuts send value stocks higher, value stocks will move higher before the fed meeting at which rate cuts are highly anticipated
  • Correct, rates need to around 200 basis points lower for worthless value stock to work.
  • 3% deflation per annum for the next 7 years and you are home sweet home !
  • Reading The Professor’s book “Stocks for the Long Run” is a major contributor to why I’ve had a successful investment results for 2 decades. I got to meet him when he visited my old Merrill Lynch office representing Wisdom Tree. He is a great contributor to CNBC.
  • @carter3294
    I want to diversify my portfolio worth around $200k, i'll be buying some Tech stocks, what are some new gen stocks i can add to my portfolio to get reasonable increase and protect my future
  • Honestly, this situation makes me uneasy, especially with the potential depression, not just a recession. I'm not sure about my $130K investment strategy given the economic uncertainty.