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Politics : Stockman Scott's Political Debate Porch

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To: Jim Willie CB who wrote (3623)7/31/2002 11:25:52 PM
From: stockman_scott  Read Replies (3) of 89467
 
Jeremy Siegel on Stocks: The Worst Is Over

The collapse in U.S. stock prices and the scandals in executive suites have sent waves of fear and loathing throughout capital markets around the world and caused many investors to lose faith in U.S.-style capitalism. They also have led to a decline in the dollar, forced the Bush administration to postpone a push for Social Security reform, and prompted Congress to develop new rules to curb corporate malfeasance and restore investors’ confidence. But the worst is probably over, says Jeremy Siegel, Wharton finance professor and author of the best-selling book, Stocks for the Long Run.

knowledge.wharton.upenn.edu
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