A word about Jeremy Siegel.
He is an icon at the Wharton School of Finance.
He is the only person from Academia to pay any attention to regarding the markets.
Been following him for 15 yrs. Really understands what influences the market.
He is not a fan of Trump. In fact for about 2 months after Trump's election, Siegel was a little bit reserved about the markets, but then the rise in the economy overcame his reservations.
Main points of his talk about Socialism:
Wharton School professor Jeremy Siegel says the favorable views toward socialism in the U.S. can be linked to the country’s education system.
“The kids are not learning history of socialism and what’s been tried and failed, and I think that’s a major, a major problem,” Siegel says.
Critics of Democratic presidential candidates Elizabeth Warren and Bernie Sanders consider the senators’ plans as a move toward socialism in the U.S.
Maybe this link will work: https://www.cnbc.com/2019/11/19/jeremy-siegel-rise-of-warren-sanders-due-to-faulty-reading-of-history.html
