In "The Future for Investors", Professor Jeremy Siegel provides straightforward, timely insights into matters affecting the financial markets and your wealth.
The headlines are just plain depressing.
The dollar falls to a record low of $1.60 per euro, nearly half its value six
years ago, and sinks below 100 Japanese yen. Even the lowly Canadian dollar
recently traded above its southern counterpart for
"Oh, no! Two dollars!" So cried investors three weeks ago. The Federal Reserve had just announced that it was lowering the discount rate by a quarter of a point and had arranged for the sale of Bear Stearns to JPMorgan Chase. Stock
Revised March 4, 2008 In November 2004, President George W. Bush basked in victory as he won his second term as president and strengthened the Republican grip on Congress. After the election, many of his advisors recommended that Bush use his
This isn't your grandfather's Fed. Nor is it Alan Greenspan's. This is Ben Bernanke's Fed - a far more dynamic and assertive creature. Last Wednesday, Bernanke lowered short-term rates by 50 basis points, adding to the record 75
It’s time to dust off the
proverbial crystal ball and predict what’s in store for 2008. But before doing
so, let’s see how I did with last year’s forecast .
Well, I was pleasantly surprised to
see that I got quite a lot right