Wharton professor Jeremy Siegel foresees a strong U.S. stock market in 2021, due to unprecedented levels of repressed liquidity. Siegel cited rising business productivity, potential vaccines, increased money supply, and rising worker productivity as four catalysts. Tech-heavy indices were the primary beneficiaries of the stock market rally from March to August, and the S&P 500 could benefit from it. Jeremy Siegel, a professor at Wharton, believes there is significant “repressed liquidity” in the markets. In 2021, that could trigger an S&P 500 boom, especially if supplemented with a fading pandemic. The…
75-Year ‘Repressed Liquidity’ Bomb Tempts a 2021 S&P 500 Explosion
