Stimulus, election are weighing on the markets: Wharton's Jeremy Siegel

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A new stimulus package and the election are 'the two big things weighing on the markets,' Wharton's Jeremy Siegel says. He discusses ongoing uncertainty and the volatile stock market.

Jeremy Siegel, UPenn Wharton School professor, joins "Squawk on the Street" to discuss the markets and volatility.

 

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COVID19 is not even on the stock markets mind.

Debate in my hometown. I got a few gestures to point at trump.

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Wharton Professor Jeremy Siegel says stock market will surge next year regardless of election outcome | Markets InsiderScott Mlyn/CNBC/NBCU Photo Bank/NBCUniversal via Getty Images Wharton Professor of Finance Jeremy Siegel told CNBC on Monday the stock market ... Wharton Agreed. Not if JoeBiden crushes economy with another JoeShutdown and eliminates the tax code that realDonaldTrump put in place. Because it’s not the president that drives asset class inflation? Must be some other important factor.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Wharton Professor Jeremy Siegel says stock market will surge next year regardless of election outcome | Markets InsiderScott Mlyn/CNBC/NBCU Photo Bank/NBCUniversal via Getty Images Wharton Professor of Finance Jeremy Siegel told CNBC on Monday the stock market ... Wharton Agreed. Not if JoeBiden crushes economy with another JoeShutdown and eliminates the tax code that realDonaldTrump put in place. Because it’s not the president that drives asset class inflation? Must be some other important factor.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Stocks rally on hopes for a stimulus packageThe US stock market rallied on Monday, ignoring negative headlines that weighed on the market over the past few weeks in favor of hoping for a stimulus deal out of Washington. The US stock market is a game of the rich. Nothing to do with real value of the companies. The USA is designed for the the rich by the old white rich. Ronald Regan said it then and it’s not any better now. Americans are hurting and the government does nothing but blame each other. With the stock owned by Trump he can make it do anything he wants
Source: cnnbrk - 🏆 393. / 55 Read more »