This may come as a surprise to no one, but Siegel is optimistic about the long-term future for investors...
Jeremy Siegel on Politicians, Prices and a Potential 'Buying Opportunity of the Decade' - Knowledge@Wharton
I consider that a maximum 10% downside risk. If we should have that, I think that it could be the buying opportunity of the decade for investors -- because long term, I'm bullish, and long term, I think that valuations still are very attractive.
Short term, still, it's going to be a little bit rocky until the inflation situation gets clarified; but long term, I think that it's very, very strong. So, anyone that has their stock position long term, they're going to be fine. If you have a little cash, you might decide to put some of that to work in the next couple of weeks. As stock prices decline, you might be getting some very good bargains.
Jeremy Siegel on Politicians, Prices and a Potential 'Buying Opportunity of the Decade' - Knowledge@Wharton