I know this won’t stun anyone, but Jeremy Siegel is bullish. But what might surprise you (at least a little bit) is how bullish he is and just how confident he is. Siegel says the Dow is going to 18,000 by next year.
I found some of these quotes interesting –
Regarding how high the Dow could go:
“Obviously over many years you know there’s really almost no limit”
When will we see the Dow at 18,000:
“181000. Looks to me like — 2014 is the best bet.
See the full interview below:
Source: Fox Business News
Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds.Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances.
He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.