Siegel: 5-10% Drop Within Three Months

“We’re within 10 percent of what I consider ‘fair market value’ … Could there be a correction? We haven’t had a correction in so many years. Most certainly. … I certainly would not be surprised to see a correction in the next three months that brings the market down maybe 5 percent to 10 percent.”

— Excerpt contributed by Jason Kelly

_____________________________________

Z-val: Jeremy Siegel
Via: CNBC
Date: 3/9/15
Disposition: Short-Term Bearish
S&P 500 on 3/9/15: 2079
S&P 500 on 6/9/15: 2051
Change: -1.4%
Judgment: Wrong

Z-val definition and more forecasts in The Z-val Zone.

Siegel

Scorecard

This Forecast

Accuracy

of 2

Judged

Forecasts

Created with Snap
This entry was posted in Z-vals and tagged . Bookmark the permalink. Both comments and trackbacks are currently closed.
  • Here are your three options:

    Option 1: Annual Subscription (no refunds)

    For just $200 per year, you’ll receive everything listed above to completely upgrade the way you manage your investments. This is 17% cheaper than the monthly option. This is what I recommend:






    Option 2:Monthly Subscription (no refunds)

    If you'd like to try The Kelly Letter  without paying the full year, you can pay $20 per month.





    Option 3:Free Email List

    If you'd like to hear more from me but aren't ready to part with any money yet, you're welcome to join my free email list:

    Join the free list





    Thank you for the work you do. You're a household name here and my wife and I often discuss your letters on Sundays. My ten- and seven-year-old children recognize your name and will eventually be taught to invest using 3Sig and 6Sig. You've had an enormously positive impact on our investing and inspired me to look at the world in more rational and clear terms than I did years ago. I'm sure that thousands of others would say the same. Kelly Letter subscriber Matt Barnes
    Matt Barnes
    Product Line Director
    OCLC

    Join Matt and thousands of other rational investors to invest without stress.

    Subscribe to The Kelly Letter  now!

Bestselling Financial Author