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The stock market has ‘a ways to go’ as increased liquidity flows into stocks, Wharton professor Jeremy Siegel says

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The stock market has ‘a ways to go’ as increased liquidity flows into stocks, Wharton professor Jeremy Siegel says

Scott Mlyn/CNBC/NBCU Photo Bank/NBCUniversal via Getty Images

  • The stock market still has “a ways to go” even as it approaches record all-time highs, according to Wharton professor Jeremy Siegel.
  • In an interview with CNBC on Wednesday, Siegel said that the increased liquidity from central bank policies in response to the COVID-19 pandemic will flow into stocks, pushing them past record highs. 
  • Siegel expects a “spending boom” to occur in 2021 as pent-up demand from consum…

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