The S&P 500 is undervalued by 11% at this point in 2014. This is according to Jeremy Siegel, who has proven to be the most accurate forecaster of U.S. equity market returns. Robert Huebscher interviews the Wharton School professor for Advisor Perspectives. The CEO of one of the world’s largest money management firms, Larry Fink, believes we may see the yields for 10-year Treasury bonds dipping under 2%. What does he forecast for the equity markets? Matt Belvedere reports for CNBC. Even this late in the year, there are ten things you can do to improve your finances for 2015. Kimberly Lankford explains in our closing article for this week.
Jeremy Siegel – Fair Value For The S&P 500 Is 2,300– During the post-financial crisis period, no person has been more accurate at forecasting U.S. equity market returns than Jeremy Siegel, the Russell E. Palmer Professor of Finance at the Wharton School. In this year’s interview, he explains why the fair value of the S&P 500 is 11% higher than its valuation today. Read more…
10-Year Yield Could Dip Under 2%: BlackRock’s Fink– Larry Fink, CEO of BlackRock (one the largest money management firms in the world), predicted the yield on the 10-year Treasury in the 2 percent to 2.5 percent range but before the end of the year—in three weeks—bonds could tick under 2 percent again, he added. At the same time, he said there’s a high probability of stocks continuing to roll. Read more…
Ten Ways To Improve Your Finances By New Year’s Eve– Here are 10 things you can do to improve your financial situation before the new year as outlined by Kiplinger. Read more…
We hope you enjoy reading these articles along with us and that you find them informative. Please forward this to your friends and family.
John R. Day, Bill Ennis, Stephanie Davidson and Matt Heller