Jeremy Siegel: Geopolitical Risks are a Buying Opportunity for Stocks

Wharton professor Jeremy Siegel believes that despite rising geopolitical risks, elevated inflation, and volatile interest rates, stocks are still the preferred investment over bonds. Siegel argues that economic growth, driven by productivity growth and the adoption of artificial intelligence, will continue to support stocks. He also sees rising geopolitical risks as buying opportunities rather than reasons to sell stocks. Siegel attributes the recent decline in the S&P 500 to higher interest rates, but he believes that these rates are driven by stronger-than-expected economic growth, which should benefit corporate earnings. Overall, Siegel remains optimistic about the long-term prospects of stocks.
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