Jeremy Siegel: I was too bullish—and here's why

This has been called "the most hated bull market ever", largely because experienced investors know that it has been driven by the Fed, much of it has been artificial.

Now that the energy and financial sectors are unstable, people are worried. For good reason.

Watch the yield on 10-year Treasuries, which are in collapse. 1.75% as I type this, astonishing.
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The Fed shot it's load, it will turn to negative interest rates, but the Fed knows it can't and won't stop the it's bubble from bursting-- why ruin the fun?
 
The Fed shot it's load, it will turn to negative interest rates, but the Fed knows it can't and won't stop the it's bubble from bursting-- why ruin the fun?
The Fed did this to itself, constantly signaling that it was going to increase rates until it pretty much HAD to.

Now, if they have to drop them again, the market will panic.

Brilliant move, folks. Just fuckin' brilliant.
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