The tech momentum trade driving market gains is likely to continue, says WisdomTree's Jeremy Siegel.
AdvertisementThe tech momentum trade that has powered the stock market higher over the past year-and-a-half is likely to continue on for a lot longer than most expect, according to WisdomTree economist Jeremy Siegel.
"I think that momentum trade on the tech and AI-related is still there.
It takes a lot of bad news to break a momentum trade and we just haven't gotten it," Siegel said.
"My forecast for three to five years on the entire stock market is 5% after inflation rate of returns.
Persons:
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