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Jeremy Siegel: Index investors can do well despite economy that's facing challenges
Youtubeยท2025-10-09 20:52

All right. So, let's take that in two parts. Professor, the idea that he says, quote, "It feels exactly like 1999." Do you agree.Uh, >> no. I I don't agree. Uh, I mean, and and and Tom Lee was talking about forward PE ratios.Forward PE ratios on the S&P including MAG 7 are about 23. Uh if you exclude the MAG 7 uh you're you're down to about 19 19 12 uh back uh then at the peak in 2000 they were 30 going forward. Um and uh the uh uh the interest rates were much higher.In fact, back then you could buy 10-year ...