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Author Topic: Stock Market Will Have ‘Good Year’ in 2019: Wharton Finance Prof.  (Read 221 times)
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January 03, 2019, 10:54:38 PM
Merited by mirakal (1)
 #1

While the US stock market continues to struggle as a result of various institutional and political forces, Jeremy Siegel, professor of Finance at the University of Pennsylvania’s Wharton School of Business, remains optimistic about the state of the market in 2019.

Speaking in an interview on CNBC’s Squawk on the Street, Siegel predicted that equity markets in the United States would have “a good year,” rising in the range of 5 to 15 percent.

    We went from a rosy view to now, ‘Oh my God, there’s going to be a recession.’ The truth will be somewhere in between, and that leaves the stock market very attractive now.

Using the current valuations levels, he said that even if there is no growth in earnings this year, the current realities make it a “cheap market.” He acknowledged that a recession could drag the already-battered markets a bit, but he maintained that this wasn’t going to happen.

CCN | https://www.ccn.com/stock-market-will-have-good-year-in-2019-wharton-finance-prof/

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January 03, 2019, 11:07:01 PM
 #2

This should probably be in the press section.

If this year becomes good for crypto it will be in the second half. We are coming close to another halving and Bitcoin used to turn bullish before the halving so the end of 2019 and the beginning of 2020 should be really good. It's going to be funny if we don't get a textbook capitulation this time and just turn bullish out of pure boredom.

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January 05, 2019, 12:39:06 PM
 #3

While the US stock market continues to struggle as a result of various institutional and political forces, Jeremy Siegel, professor of Finance at the University of Pennsylvania’s Wharton School of Business, remains optimistic about the state of the market in 2019.

Speaking in an interview on CNBC’s Squawk on the Street, Siegel predicted that equity markets in the United States would have “a good year,” rising in the range of 5 to 15 percent.

    We went from a rosy view to now, ‘Oh my God, there’s going to be a recession.’ The truth will be somewhere in between, and that leaves the stock market very attractive now.

Using the current valuations levels, he said that even if there is no growth in earnings this year, the current realities make it a “cheap market.” He acknowledged that a recession could drag the already-battered markets a bit, but he maintained that this wasn’t going to happen.

CCN | https://www.ccn.com/stock-market-will-have-good-year-in-2019-wharton-finance-prof/

We can't really say that it will happen that way, but I hope that everything will be fine and will grow steadily this year.
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January 05, 2019, 07:02:01 PM
 #4

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Speaking in an interview on CNBC’s Squawk on the Street, Siegel predicted that equity markets in the United States would have “a good year,” rising in the range of 5 to 15 percent.

    We went from a rosy view to now, ‘Oh my God, there’s going to be a recession.’ The truth will be somewhere in between, and that leaves the stock market very attractive now.

I think he's spot on. As long as the economy merely stagnates rather than totally shitting the bed, I expect sentiment to turn around and late 2018's decline to be strongly retraced. The high-momentum selloff of December was based on fear of an imminent crash. Once it sinks in for investors that they jumped the gun with their bearishness, I think we'll see the chart morph into a sideways consolidation pattern.

If that take is correct, then buying anywhere near the 2018 lows would have been "cheap."

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January 05, 2019, 11:11:56 PM
 #5

While the US stock market continues to struggle as a result of various institutional and political forces, Jeremy Siegel, professor of Finance at the University of Pennsylvania’s Wharton School of Business, remains optimistic about the state of the market in 2019.

Speaking in an interview on CNBC’s Squawk on the Street, Siegel predicted that equity markets in the United States would have “a good year,” rising in the range of 5 to 15 percent.

    We went from a rosy view to now, ‘Oh my God, there’s going to be a recession.’ The truth will be somewhere in between, and that leaves the stock market very attractive now.

Using the current valuations levels, he said that even if there is no growth in earnings this year, the current realities make it a “cheap market.” He acknowledged that a recession could drag the already-battered markets a bit, but he maintained that this wasn’t going to happen.

CCN | https://www.ccn.com/stock-market-will-have-good-year-in-2019-wharton-finance-prof/

That will be super good for Bitcoin. Let economic growth continue through whole 2019 when Bitcoin will have year of stability. If we have economic collapse in 2019, then Bitcoin bear market will continue until 2020.

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January 05, 2019, 11:41:32 PM
 #6

That will be super good for Bitcoin. Let economic growth continue through whole 2019 when Bitcoin will have year of stability. If we have economic collapse in 2019, then Bitcoin bear market will continue until 2020.

No one knows what will happen right now. I wouldn't mind having it be put to the test if it is happening anyway. US stocks are still heavily overpriced in most cases, so there is way more air that needs to find a way out, and it will take a year or two to find out where we stand in terms of valuations. It went up for a decade, and the correction/crash that follows similarly will take some time to find a bottom.

The very fact that Gold keeps increasing just tells me that capital is positioning itself in that asset out of fear, and there is no reason to expect it to stop increasing any time soon.

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January 06, 2019, 12:34:57 AM
Last edit: January 06, 2019, 01:34:22 AM by STT
 #7

Sorry I view all these predictions as being relative to the dollar and the outflows from bonds to lower asset types.   I never hear them mention this directly but we are often basically talking about leverage or deleveraging, with less money supply in the economy it means all prices retract.     Its basically about Federal reserve policy

Quote
The very fact that Gold keeps increasing just tells me that capital is positioning itself in that asset out of fear, and there is no reason to expect it to stop increasing any time soon.

Gold peaked in 2011 but on its own long term time scale its really not gone anything more then a speculative pullback.   Over the last decade central banks have been net buyers of gold, other buying I dont care so much about but generally gold is more popular in countries not so debt leveraged and/or further apart from the source of new dollars

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January 06, 2019, 06:46:53 AM
 #8

While the US stock market continues to struggle as a result of various institutional and political forces, Jeremy Siegel, professor of Finance at the University of Pennsylvania’s Wharton School of Business, remains optimistic about the state of the market in 2019.

Speaking in an interview on CNBC’s Squawk on the Street, Siegel predicted that equity markets in the United States would have “a good year,” rising in the range of 5 to 15 percent.

    We went from a rosy view to now, ‘Oh my God, there’s going to be a recession.’ The truth will be somewhere in between, and that leaves the stock market very attractive now.

Using the current valuations levels, he said that even if there is no growth in earnings this year, the current realities make it a “cheap market.” He acknowledged that a recession could drag the already-battered markets a bit, but he maintained that this wasn’t going to happen.

CCN | https://www.ccn.com/stock-market-will-have-good-year-in-2019-wharton-finance-prof/
That is nice and. I believe that 2019, will be a better year in both stocks,  forex and cryptocurrencies market.  Many stocks are in downwards trend since January last year till now and if this continue we may have another financial crisis! We are going to have many political and financial issues resolved that are going to translate into bullish trend. 
Cryptocurrencies market on the other hand is going to move in a positive direction and I believe that 2019 is going to be another years of bull run if ETF is approve.  We are going to also have more institutional investors coming into cryptocurrencies market in 2019.
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January 06, 2019, 01:52:52 PM
 #9

That is exactly what almost all good investors believe after a bear market all the time. Warren Buffett even has a famous quote "Fear when others are happy and be happy when others fear" or something like that. No financial investment option would go down forever, maybe it will continue to dip a bit more but in the end after a bear market there is always a good economy following that.

Look at the 2008 time, it was one of the biggest crisis we have ever seen in our entire life and right afterwards from 2010 to this year the markets haven't been any better. We have this right now and I think until 2020 it will be small/mediocre in the ROI sense but after 2020 we will have a 5 year period where everything goes amazingly great. That will be even better if Trump is not the president and someone with a bit of brain becomes the president.
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January 08, 2019, 06:25:09 AM
 #10

Probably a good news for investors but these are just prediction, I really enjoy reading this kind of positive take in the stock market.

For crypto, I'm also thinking it will have a good market this year, I can't count my years of being optimistic in this crypto market and even last year when everything were falling, I still don't loss my faith on the market. Maybe it's one of the benefits when you came early here, it makes even stronger as you get used to seeing the market condition from time to time.

 
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January 08, 2019, 07:20:48 AM
 #11

While the US stock market continues to struggle as a result of various institutional and political forces, Jeremy Siegel, professor of Finance at the University of Pennsylvania’s Wharton School of Business, remains optimistic about the state of the market in 2019.

Speaking in an interview on CNBC’s Squawk on the Street, Siegel predicted that equity markets in the United States would have “a good year,” rising in the range of 5 to 15 percent.

    We went from a rosy view to now, ‘Oh my God, there’s going to be a recession.’ The truth will be somewhere in between, and that leaves the stock market very attractive now.

Using the current valuations levels, he said that even if there is no growth in earnings this year, the current realities make it a “cheap market.” He acknowledged that a recession could drag the already-battered markets a bit, but he maintained that this wasn’t going to happen.

CCN | https://www.ccn.com/stock-market-will-have-good-year-in-2019-wharton-finance-prof/

In my opinion, these are still just predictions, but I would like to look at the brighter side, that both stock market and cryptomarket will be good this year, 2018 is a year when most of the investors in the cryptoworld got shattered especially the new ones, but today is a new year and who knows what might just happen.

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January 09, 2019, 07:57:12 AM
 #12

While the US stock market continues to struggle as a result of various institutional and political forces, Jeremy Siegel, professor of Finance at the University of Pennsylvania’s Wharton School of Business, remains optimistic about the state of the market in 2019.

Speaking in an interview on CNBC’s Squawk on the Street, Siegel predicted that equity markets in the United States would have “a good year,” rising in the range of 5 to 15 percent.

    We went from a rosy view to now, ‘Oh my God, there’s going to be a recession.’ The truth will be somewhere in between, and that leaves the stock market very attractive now.

Using the current valuations levels, he said that even if there is no growth in earnings this year, the current realities make it a “cheap market.” He acknowledged that a recession could drag the already-battered markets a bit, but he maintained that this wasn’t going to happen.

CCN | https://www.ccn.com/stock-market-will-have-good-year-in-2019-wharton-finance-prof/
Whatever, I’m not interested in that. I invest in cryptocurrency and not stock market, so I will only be interested in it if I’m investing in stocks. I also know that a lot of people don’t even buy stocks. I would prefer to know what’s set out to be the future of cryptocurrency market and not stock markets.

I hope 2019 is a good year for crypto as a lot of experts had said. If it’s going to be a good one for stocks, it should as well be a good one for crypto.
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January 09, 2019, 08:57:08 AM
 #13

even stocks have almost the same fluctuations as the crypto industry, so what are we worried about? when the crypto market fell very extreme, the stock market also did not increase in 2018, but also decreased. and in 2019 this trend will indeed increase overall.
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January 09, 2019, 09:05:27 AM
 #14

Quote
Speaking in an interview on CNBC’s Squawk on the Street, Siegel predicted that equity markets in the United States would have “a good year,” rising in the range of 5 to 15 percent.

    We went from a rosy view to now, ‘Oh my God, there’s going to be a recession.’ The truth will be somewhere in between, and that leaves the stock market very attractive now.

I think he's spot on. As long as the economy merely stagnates rather than totally shitting the bed, I expect sentiment to turn around and late 2018's decline to be strongly retraced. The high-momentum selloff of December was based on fear of an imminent crash. Once it sinks in for investors that they jumped the gun with their bearishness, I think we'll see the chart morph into a sideways consolidation pattern.

If that take is correct, then buying anywhere near the 2018 lows would have been "cheap."

Eerie similar to what we have seen in the crypto market as well. The high sell-off of stocks might be due to the US-China (silent) trade war but it didn't materializes that much as other doom sayers are putting it. So I'm sure that once things settles down, there could be a good spike for stock markets in the next coming months.  That's the beauty of buying in dips, as the sentiments might go on your favour very quickly. So let's see the first quarter and do hope that stocks and crypto will recover at the same time.

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January 09, 2019, 09:10:36 AM
 #15

While the US stock market continues to struggle as a result of various institutional and political forces, Jeremy Siegel, professor of Finance at the University of Pennsylvania’s Wharton School of Business, remains optimistic about the state of the market in 2019.

Speaking in an interview on CNBC’s Squawk on the Street, Siegel predicted that equity markets in the United States would have “a good year,” rising in the range of 5 to 15 percent.

    We went from a rosy view to now, ‘Oh my God, there’s going to be a recession.’ The truth will be somewhere in between, and that leaves the stock market very attractive now.

Using the current valuations levels, he said that even if there is no growth in earnings this year, the current realities make it a “cheap market.” He acknowledged that a recession could drag the already-battered markets a bit, but he maintained that this wasn’t going to happen.

CCN | https://www.ccn.com/stock-market-will-have-good-year-in-2019-wharton-finance-prof/

I believe that there will be a recession for sure during 2019. The global economy overperformed in 2018 with not an exact specific reason. Asia moves the trend but in other places around the world, there are still huge problems that push these countries behind. The real impact on the global rates are not yet illustrated and I think this will happen with a significant downturn in 2019.
Hopefully, people will turn to cryptocurrencies in order to store the value of their assets.

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January 09, 2019, 09:17:31 AM
 #16

While the US stock market continues to struggle as a result of various institutional and political forces, Jeremy Siegel, professor of Finance at the University of Pennsylvania’s Wharton School of Business, remains optimistic about the state of the market in 2019.

Speaking in an interview on CNBC’s Squawk on the Street, Siegel predicted that equity markets in the United States would have “a good year,” rising in the range of 5 to 15 percent.

    We went from a rosy view to now, ‘Oh my God, there’s going to be a recession.’ The truth will be somewhere in between, and that leaves the stock market very attractive now.

Using the current valuations levels, he said that even if there is no growth in earnings this year, the current realities make it a “cheap market.” He acknowledged that a recession could drag the already-battered markets a bit, but he maintained that this wasn’t going to happen.

CCN | https://www.ccn.com/stock-market-will-have-good-year-in-2019-wharton-finance-prof/
Hopefully, our local stock market is part of this growth this year, so I can get back my loss now.  Cheesy

Well, so many good prediction in both market (stocks and crypto), I just hope for that one to happen. In cryptomarket, many speculation but still its not guaranteed but it doesn't mean also that there is no chance to achieve that level. Its good to see a more positive prediction like this, maybe its about time to increase my holdings.
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January 09, 2019, 03:38:27 PM
 #17

You will be forced to care because even if you like it or not bitcoin (and crypto in general) is somewhat related to stock market. Not directly of course but what stock market is doing affects the whole economy and which indirectly effects bitcoin as well. Crypto can survive only if the economy is good.

Look at Venezuela, people assumed bitcoin would be getting better there since people wanted to put their money into crypto but if you look at it right now people do not put their money in there because they have no money left.

Someone who lost that much money in inflation do not posses the riches to actually set a savings aside to invest into bitcoin. Which means even though things are not remotely similar in USA, stocks needs to do great so people would have surplus money to invest into bitcoin whereas if the stocks do badly they will get their money back from it and cash out their bitcoins to cover the losses.


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January 09, 2019, 07:40:33 PM
 #18

They call rising 5 to 15% a good year Cheesy No wonder people are looking at switching to crypto. They are probably begging for bakkt more than bitcoin hodlers so they can get a chance to put some investor funds into a real market

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