If Jeremy Siegel ran the Fed, we'd already be on the way back down to 3.5% interest rates. Plus, why "Stocks For The Long Run" did its job over the last few years and my return to the golf course. Have an awesome weekend! https://lnkd.in/e749Yzb3
A mass deportation of 15-20mm undocumented immigrants, per Trump’s threat, will skyrocket wage inflation. Curve steepener coming.
#ProfessorJeremySeigel would not have waited so long to raise rates and (as you say) would be in 'cutting mode' by now. Fed too slow 'off the blocks' and in danger of wanting to be 'watertight', before they cut. Data being retrospective has its dangers. As for the golf, we expect an update on your handicap, the next time you are on CNBC #HalftimeReport ... Enjoy !! Joshua Brown
The book is my portfolio manager… it’s pretty phenomenal to be an owner in a business and get paid for it.
The economy needs interest rates lower now The 2% inflation target should be adjusted upward to 3%. In my opinion there will be a heavy price to pay by keeping rates at this level
Great episode Josh and Team. Thanks for bringing the brightest minds to a platform where people can actually share their ideas in a coherent way that we can all understand.
Wonderful episode and interview! You are both heroes to your people, celebrated in both song and legend:)
Fed initial target of 2% was aggressive. Should have been closer to the historical average of 3.3%.
How's your short game? (Double entendre.) Market is frothy with inflated EV enterprise values.
I saw Professor Siegel speak at last year’s LPL Focus conference. Great presentation and absolutely nailed where we we’re heading over the next year. Can’t wait to listen to this podcast
CFO @ Family Health Source | CFA Level 2 Candidate
2wWhat’s your handicap? Since it’s currently a debatable topic.