“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
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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.