Jeremy Siegel

A market correction of 10% could be on the cards as consumer psychology shifts due to gas prices, says top economist
"The key issue is not simply crude oil itself. It is gasoline, the most visible price in the economy for consumers, and when that price jumps it hits psychology immediately."
Fortune 5 min read
Trillion-dollar AI market wipeout happened because investors banked that 'almost every tech company would come out a winner'
“Nobody truly knows who the long-term winners and losers of this extraordinary technology will be,” Deutsche’s Jim Reid wrote this morning.
Fortune 5 min read
There have been head fakes before, but this time may be different as the latest stock rotation out of AI is just getting started, analysts say
"But as I said, this one has more legs in the sense that there are more things that are happening that throw doubt on how fast or how profitable all the AI buildout is going to be."
Fortune 3 min read
Stock Market Today: S&P 500, Dow Jones, Nasdaq 100 Futures Advance— UiPath, Snowflake, Lululemon In Focus (UPDATED)
(Editor’s note: The future prices of benchmark tracking ETFs and the headline were updated in the story.)
Benzinga 6 min read
Stock Market Today: Nasdaq, S&P 500 Futures Up Ahead Of Thanksgiving Holiday— Dell Technologies, Autodesk, Uber In Focus (UPDATED)
(Editor’s note: The future prices of benchmark tracking ETFs and the headline were updated in the story.)
Benzinga 6 min read
Wall Street is on tenterhooks over the Fed’s ‘rare, genuinely suspenseful’ December meeting, because the committee itself doesn’t know what to make of the data—or of one another
A divided Fed meets amid mixed jobs and inflation signals, leaving Chair Jerome Powell with a suspenseful December.
Fortune 5 min read
Stock Market Today: Dow Jones, S&P 500 Futures Rise, Target Slips After Cutting Profit View—Nvidia, Constellation Energy, DoorDash In Focus (UPDATED)
(Editor’s note: The future prices of benchmark tracking ETFs, the earnings, and the headline were updated in the story.)
Benzinga 6 min read
Stock Market Today: S&P 500, Nasdaq Futures Drop Despite Senate Passing Resolution To Reopen Government—Nvidia, Paramount Skydance In Focus (UPDATED)
Editor’s Note: The future prices of benchmark tracking ETFs and the lede were updated in the story
Benzinga 7 min read
Federal Reserve's Next Move Is '50/50 Toss-Up': Jeremy Siegel Says Powell Corrected Market Expectations
Following the Federal Reserve‘s recent rate cut, Wharton finance professor Jeremy Siegel says the odds of another cut in December are now a "50/50 toss-up." However, he still expects the SP 500 to reach the 7,000 mark by year’s end.
Benzinga 3 min read
US Says China Agreed To 'Effectively Eliminate' Restrictions On Rare Earth Mineral Exports Following Trade Truce
The White House announced that China will be lifting its rare earth mineral export restrictions. This decision is part of a broader trade agreement between the U.S. and China.
Benzinga 4 min read