Reported 10 months ago
Wharton Professor Jeremy Siegel believes the tech momentum trade driving market gains, led by companies like Nvidia and Broadcom, will persist for a longer period than expected. Siegel forecasts that stocks will outperform bonds in the next three to five years, providing real returns of around 5%, attributing the strength in AI stocks to the momentum. He emphasizes that the current market is not in a bubble due to solid company earnings supporting record-high stock prices.
Source: YAHOO