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‘Everything points upward’: Wharton professor Jeremy Siegel says the economy and stock market will be stronger than expected in 2021

Jeremy Siegel Wharton CNBC

Summary List Placement

  • Moderna’s vaccine announcement on Monday made the “light at the end of the tunnel” a little bit brighter as the stock market and economy look poised to gain in 2021, Wharton Professor Jeremy Siegel told Bloomberg.
  • The renowned finance professor said he expects stocks to have a “really tough period” for the next two to three months, and then perform stronger than expected in 2021. 
  • Siegel added that the so-called reopening trade will dominate markets next year as work-from-home stocks are fully priced at present time.
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“Everything points upward.”

That’s according to details ⇒

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