Wharton professor Jeremy Siegel reveals his investment plan if a recession hits and reiterates his view that the stock market bottom is in
Long-time stock market bull Jeremy Siegel is growing more concerned about the potential for an economic recession.including a drop in job openings, a rise in jobless claims, and softness in the manufacturing sector.it did show one concerning sign, according to Siegel: a decline in the number of weekly hours worked.
The decline in hours worked last month offset the surge that was seen in January, which points to a growing softness in the labor force, Siegel warned. "We will not get until the next 4-6 weeks really a lot of data about the effect of the banking crisis. That does concern me and keeps me defensive going forward in terms of a recession," he added."I'm just saying that my feeling is the probability of a recession has gone up."
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Streaming this week: Jeremy Renner, Metallica and 'Cocaine Bear'Peacock brings the bizarre film 'Cocaine Bear' to home video; Jeremy Renner's 'Rennervations' series starts streaming on Disney+; Metallica and Natalie Merchant release new music; and the Tron universe gets a new video game
Read more »
The Accidental Importance of Jeremy Renner’s ‘Rennervations’: TV Review“Considering all the injuries I have, I’m just glad I can still do what I’m good at.” This line is not spoken by Jeremy Renner, but it’s still the sentiment that hangs over “Rennervations,” the fou…
Read more »
Editorial: Roberts best in District 1 raceJeremy Roberts a corporate marketing executive and entrepreneur would bring much-needed business acumen to City Council.
Read more »
Jeremy Renner Declared 'Toughest Avenger' on KimmelThe actor walked with a cane onto the set of 'Jimmy Kimmel Live!' on Monday
Read more »
“Indestructible” Jeremy Renner Talks Snow Plow Accident on ‘Kimmel’: “I Got Lucky”The actor revealed he broke more than 30 bones in the horrific New Year's Day incident.
Read more »