A Goldilocks Situation For Stocks?
Alex Rosenberg of CNBC reports, Jeremy Siegel’s bullish call: This is a ‘goldilocks situation’ for stocks : It's no secret that Wharton School finance professor Jeremy Siegel tends to be a market bull. After all, he may be most famous for penning a classic of popular investment literature, "Stocks for the Long Run." But after a 12 percent rally in the past six months, and nearly a tripling of the S&P 500 over the past eight years, it is striking to see how just optimistic Siegel still is about the market . "I actually think we have a Goldilocks situation going on now," he said Thursday on CNBC's " Trading Nation ." "We have everything moving in tandem." For starters, earnings have looked good, Siegel pointed out, adding: "But much more important than that is the maintained or upward guidance for second, third and fourth quarter — something we've not had for years." In prior years, he said, "it's bee