This was the best news I've heard from the Fed in years, says Wharton's Jeremy Siegel

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Jeremy Siegel, professor emeritus of finance at University of Pennsylvania’s Wharton School of Business and Wisdom Tree chief economist, joins 'Squawk Box' to discuss the Fed's interest rate decision, why he was 'pleasantly surprised' by the 50 basis point cut, rate path outlook, and more.
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I feel investors should focus on under-the-radar stocks, considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises plummeting stocks that were once revered. I don't know where to go here out of devastation.

RhondaArmstrong-yd
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I think it's time to make it more appealing for potential buyers. Real estate can be quite the rollercoaster! the stress and uncertainty are getting to me. I think I'll cut rents to attract potential buyers and exit the market, but i'm at crossroads if to allocate the entire $680k liquidity value to my stock portfolio?

Riggsnic_co
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Honestly, this situation makes me uncomfortable, especially with the Fed cutting interest rates by 50 bps. It signals deeper economic concerns, and I’m uncertain about my $130K investment strategy considering the possibility of not just a recession but even a depression.

auboisdaline
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The belief that the Federal Reserve would stop raising interest rates was the driving force behind the entire economic chaos. What should we do now that we have a situation where interest rates are crashing? At this point, how would you suggest that I safely allocate $300k?

ErinWarner-zcjy
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The Fed's talk of interest rate cut leaves me pondering what stocks to buy now and when do I sell? I'm unsure how to properly allocate my money to achieve an optimal portfolio in this present economy, my goal is $3m for retirement.

AndersonFair-cybb
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My primary concern is how to grow my reserve of $300k which has been sitting duck since forever with zero to no gains, sure I know the risks of short term gains are much greater but if well managed one'd make a killing, am I wrong?

brianwhitehawker
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The Fed is undoubtedly responsible for the present catch-up efforts, as they were first too slow to control inflation. The pandemic, supply-chain issues, are all contributing reasons to the impending inflationary perfect storm. I'm still looking for companies to make additions to my $500K portfolio, to boost performance. Here for ideas...

Shannon.s
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3 years ago, I started investing with $300k, but I've only made about 6% total, or 2% per year, which my friends say is very low. I also put $800k into a 401k with a financial advisor, and it's now worth about $1.2 million after 10 years. I think I need to revamp my portfolio. Any advice on what to do with my money would be greatly appreciated.

Adambarking
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Sounds like investors need a skeptical outlook on things then. With the rate cuts do you think it's best for us who are not conservative investors to focus on bonds or dividend stocks? I want to reallocate my 7-figure portfolio and I preferably want the assets with the best ROI.

Marquez
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What are the best strategies to protect my portfolio? I've heard that a downturn will devastate the financial market, so I'm concerned about my $200k stock portfolio.

RusuSilva
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Best news I've heard from the Fed since "Inflation is Transitory"

AwtaMadik
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CNBC please take this Joe guy off the air. His constant whining has become sickening

justinproffitt
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they were having a good discussion, until Joe butted in with his stupidity

dwr
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Jeremy Seems to be Super Duper Excited. Go Market Go🔥

aakasharora
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Narcissists love the sound of their own voice

Quantitative_Teasing
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The Fed's cut on interest rate keeps me pondering on it's impart in the economy and stock market. I have a stock portfolio of over $350k, should I hold or look out for better places to put it in cos I don't want to take a leap of faith holding cash with how the US dollars is been devalued.

NO-TIME
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I am 32 years old, lost my dad about half a year ago and I am going to receive some money soon. Would it be smart to grow my money in stocks for a few years while I am in business school and then invest in rental properties afterwards, or should I go for real estate investing first?

rebeccaartgallary
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Mr siegel blowing hot air from the backside 😂😂

Dptl
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Remember when he called for 75 between meetings? I never really understood that one

jf
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Great interview. Thanks for sharing this

carvalhoribeiro