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Nir Kaissar

Still Bullish After All These Years

He thinks the warning signs from the vaunted CAPE ratio for U.S. stocks are overblown.
Photographer: Bloomberg

Jeremy Siegel has never lacked enthusiasm for the market.

Even nine years into one of the strongest stock market recoveries in history, “this bull market is not over yet,” said Siegel, who has been a University of Pennsylvania finance professor since 1976.