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Siegel is a Bull

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Greg P
Greg P
Posted underJeremey SiegelMagnificent 7price to earningsQQQSPYTechnology

Professor Jeremy Siegel expresses optimism about the economy’s strength, despite high interest rates. The Atlanta Fed’s revised GDP estimate for the first quarter surpassing 2% is an indicator of a healthier economy. While some sectors, such as tech, may be overvalued, the majority of the market is reasonably priced at around 17 times forward earnings. Siegel asserts that the bull run is not over and there are still growth opportunities in the mid-cap and small stock sectors.

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