Jeremy Siegel: European Stocks Look Cheap
On CNBC this morning, Wharton professor and author of Stocks for the Long Run, Jeremy Siegel said fears of other major EU countries leaving were overblown. Siegel added that those countries using the Euro currency were very unlikely to exit the union.
Regarding equity valuations, Seigel stated that European stocks were reasonably priced at 12.5 times earnings; compelling in a low interest rate environment. Over a 3-5 year time horizon Siegel expects European stocks to outperform U.S. stocks.
Back in March 2014, Siegel was correctly bullish on the prospects for stocks (link).
Related Posts
-
Mary Ann Bartels Explains The Thesis of the Secular BullMary Ann Bartels, CIO at Bank of America -...
- January 7, 2018
-
Jeff Saut Bullish on Prospects for Stocks in 2018Jeff Saut, chief investment strategist at Raymond James, was...
- December 30, 2017
-
Jeffrey Gundlach: Commodities Are CheapJeffrey Gundlach, DoubleLine Capital LP CEO & co-founder, told...
- December 14, 2017
-
Is the Retirement Crisis Really a Crisis?PBS Frontline recently presented a documentary called “The Retirement...
- April 25, 2013
-
Alarming Chart of the Stock Markets of 1987 and 2012-2013Several days ago I posted a chart showing the...
- May 22, 2013
-
Gary Shilling’s Favorite Investment: 30 Year Treasuries
Larry Kudlow interviewed Gary Shilling last week. Shilling continues...
- June 23, 2011
