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Jeremy Siegel Says Bitcoin Is 'Enjoying Biggest Rally' But It Will Only Last Until…
Wednesday, March 22, 2023 - 6:18am | 368Wharton Professor Jeremy Siegel on Monday shared insights that Bitcoin (CRYPTO: BTC) is “enjoying its biggest rally in a long time.” This comes at a time when the apex crypto breached $28,000 levels amid banking turmoil. What Happened: Siegel argued that Bitcoin was launched keeping in...
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EXCLUSIVE: Why Jeremy Siegel Says Fed Could Lower Interest Rates In 2023, Powell Is 'Off Target'
Thursday, February 2, 2023 - 11:31am | 626On Wednesday, the Federal Reserve stepped up its campaign against inflation by raising its key interest rate a quarter point, its eighth hike since March. The Fed signaled that even though inflation is easing, it remains high enough to require further rate hikes. While acknowledging the rate...
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US Futures Slump Ahead Of Fed Decision, Big Tech Earnings: Powell Key For Keeping Rally Hopes Alive, Say Analysts
Monday, January 30, 2023 - 7:35am | 1161U.S. stocks are poised to kickstart the proceedings of the week with a steep move to the downside, spearheaded by tech stocks. The major index futures point to a lower start on Monday. Cues From Past Week’s Trading: Stocks advanced notably in the week ended Jan. 27, as the momentum picked up...
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CPI Shows Rents Are Rising, Zillow Forecasting Drop In 2023; Professor Says Fed's Powell Will 'See The Light'
Monday, November 7, 2022 - 1:13pm | 695While consumer price index data in 2022 has been showing rent prices accelerating, Zillow Group Inc. (NASDAQ: Z) is reporting that a decline in rent inflation for 2023 can already be forecasted. In the last Fed meeting ending on Nov. 2, chairman of the Federal Reserve Jerome Powell said,...
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Jeremy Siegel: Bonds Are The Next Bubble
Wednesday, August 18, 2010 - 9:36am | 393Jeremy Siegel and Jeremy Schwartz have some interesting thoughts on the next bubble being blown in the United States and that is debt. Both corporate and government bonds. They're not alone. In an op-ed written at the Wall Street Journal, Siegel and Schwartz say that bonds, and in particular...
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Prof. Jeremy Siegel – “Stocks Could end 2010, 8% to 10% Higher, From Here”
Thursday, April 15, 2010 - 1:17pm | 331Wharton finance professor Jeremy Siegel said stocks could end the year 8% to 10% higher than they are today, in an interview with Knowledge@Wharton. He thinks the economy looks pretty good. While the Dow's 11,000 close doesn't mean much to professional market watchers, it can give ordinary...