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Siegel: Master of the Market | |
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April 08, 2011 The biggest concern is the price of oil, says Jeremy Siegel, Wharton School at The University of Pennsylvania. Of less concern--for now, at least--is the deficit and a government shutdown. Fortunately, says Siegel, the economy is not as sensitive to rising oil as it was in the 70s. But if gas gets above $4, it's going to be a big problem. Also, the reason stocks are where they are right now? Earnings. Source: http://www.cnbc.com/id/15840232?video=3000015095&play=1 |
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