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“Wharton’s Jeremey Siegel Says Trump Can’t Blame Fed Now”
Wharton economics professor Jeremey Siegel recently said that with the Fed’s Jerome Powell changing course yet again, Trump can no longer lay the blame on him.
Yet he misses the root of the problem. As is discussed in this video, as well as an interesting story about Siegel’s background
So click click to watch the video now!
If you’re interested in buying or selling gold or silver, contact Miles Franklin at 1-800-822-8080.
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Other key factors weighing on the market are President’s Trump trade actions against China and a slowdown in housing. “From a long-term perspective, I think the stock market is fairly valued,” Siegel said. “For long-term investors, your 4s, all your pension funds don’t start panicking and pull out of equities; I still look for returns that are 7% to 7.5% per year in stocks, which is much greater than bonds.