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Siegel: Master of the Market

Fri 08 Apr 11 | 07:18 AM ET
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Siegel: Master of the Market

Fri 08 Apr 11 | 07:18 AM ET
The biggest concern is the price of oil, says Jeremy Siegel, Wharton School at The University of Pennsylvania. Of less concern--for now, at least--is the deficit and a government shutdown. Fortunately, says Siegel, the economy is not as sensitive to rising oil as it was in the 70s. But if gas gets above $4, it's going to be a big problem. Also, the reason stocks are where they are right now? Earnings.
 
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