THE WisdomTree BLOG
Professor Siegel was recently on CNBC suggesting the U.S. equity markets were approaching fair value and that markets might ‘pause’ some of their strong gains in 2018. Siegel still believes corporate tax cuts are one factor supporting the market strength and that earnings should receive a boost from pending changes. Absent the corporate tax plan, we’d have a more clouded picture for U.S. stocks.
Alongside my co-host, Wharton School finance professor Jeremy Siegel, I had the opportunity to speak with St. Louis Federal Reserve Bank President James Bullard on our “Behind the Markets” podcast. We would describe Bullard now as having the lowest dot for the future trajectory of policy in the infamous dot plots of future Fed Funds Rates.
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