Episode Details
Back to Episodes
#136 Professor Jeremy Siegel Shares Outlook For The Economy, Fed Rate Cuts, And The Stock Market
Description
Famed economist Professor Jeremy Siegel, professor of finance emeritus at Wharton, discusses the macroeconomic overview, his outlook for the Fed’s interest rate policy, the probability of a recession, the stock market outlook, and owning stocks for the long run.
Timestamps
00:00 Introduction
01:12 Macro overview
04:50 Probability of a soft landing is over 50%
06:09 3 reasons to lower interest rates
10:24 Commercial Real Estate and banks
13:07 Expectations for the Fed, how fast will the lower?
17:45 Misconceptions about rate cuts
20:27 Most important message from the latest FOMC
22:22 Goldilocks economy, 60-40 soft landing odds
25:20 Stock market
27:27 Productivity
29:10 Market outlook for 2024
32:00 Value stocks
34:37 Bond market outlook
34:30 The Noisy Market Hypothesis
37:48 10,000 students in 49 years as a professor
39:25 Never taken a finance class
42:42 Milton Friedman
44:10 Parting thoughts
Links:
https://ir.wisdomtree.com/company-information/advisor
https://fnce.wharton.upenn.edu/profile/siegel/
https://www.amazon.com/Stocks-Long-Run-Definitive-Investment/dp/1264269803/