Greed and Capitalism

What kind of society isn't structured on greed? The problem of social organization is how to set up an arrangement under which greed will do the least harm; capitalism is that kind of a system.
- Milton Friedman

Friday, February 24, 2012

Whaton's Jeremy Siegel mild Bull





Market valuations support Dow 15,000: Siegel 

Feb. 17 - Despite ongoing concerns in Europe and a sluggish economic recovery, Wharton professor Jeremy Siegel says valuations and earnings growth suggest the Dow could hit 15,000 within two years. He says future after the 2 years may be very good.

This is not a wildly Bullish comment.  More like the Market rallying to the mean..as the commentator points out.


Beware of forecasts that take us too far into the future...






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