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Jeremy Siegel: The Market Is “Fairly Valued” But There Are Two Big Risks

TedTed
in Fund Discussions
FYI: Bob spoke with Jeremy on Wednesday, November 20th.

In our interview last year on November 20, the S&P 500 was at 2,641. Yesterday it closed at 3,119. That's a gain of 18.1%. Last year you said the market was below fair market value based on current earnings. So your forecast was very good, given that the average annual return has been about 9.8%. What is the fair value of the S&P 500 now? And what's your outlook for the coming 12 months, including December of this year?
Regards,
Ted
https://www.advisorperspectives.com/articles/2019/11/25/jeremy-siegel-the-market-is-fairly-valued-but-there-are-two-big-risks

Comments

  • davfordavfor
    This article was worth reading. His comments about interest rates and inflation made sense. But the comment that most impressed me was.... image
    I love predicting 50%. You can't be wrong!
  • Gary
    Crossing Wallstreet ran this several days ago!

  • Sven
    But barring a serious recession, a 7% return is quite reasonable over the next 3-5 years
    Wow, 7% return sounds a bit stretched.
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