Jeremy Siegel on how to fix Europe and send global stocks soaring

About Latest Posts Motley Fool StaffThe articles listed on this page are compiled by our team of Foolish Writers and …

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

Some of the ASX's best-known companies are currently trading on undemanding multiples and attractive dividend yields, Westpac Banking Corporation (ASX: WBC), Telstra Corporation (ASX: TLS) and AGL Energy  (ASX: AGK) among them.

What's holding them back? In a word: Europe.

If you exclude the financial stress in Europe, a lot of good things are happening in today's global economy. U.S. jobs are bouncing back, exports are rising, profits are humming, and growth is steady. The problem is that potential fallout from a European financial crisis is too big to ignore. No one knows what might happen, but it's conceivable that a run on Europe's banking system could spark chaos similar to what we saw after Lehman Brothers collapsed in 2008.

What's the answer? Wharton professor Jeremy Siegel offered some thoughts during our exclusive sit-down earlier this month, including why stock prices could soar if Europe's policymakers get their act together. Have a look:

 

 

Are you are looking for investing ideas for 2012? Request our free reportThe Motley Fool's Top Stock For 2012Click here, whilst it's still free and available.

More Reading

The death of optimism…and the coming sharemarket rally

One MAD stock still on our radar

This article was originally published on Fool.com. It has been updated.

More on ⏸️ Investing

Close up of baby looking puzzled
Retail Shares

What has happened to the Baby Bunting (ASX:BBN) share price this year?

It's been a volatile year so far for the Aussie nursery retailer. We take a closer look

Read more »

woman holds sign saying 'we need change' at climate change protest
ETFs

3 ASX ETFs that invest in companies fighting climate change

If you want to shift some of your investments into more ethical companies, exchange-traded funds can offer a good option

Read more »

a jewellery store attendant stands at a cabinet displaying opulent necklaces and earrings featuring diamonds and precious stones.
⏸️ Investing

The Michael Hill (ASX: MHJ) share price poised for growth

Investors will be keeping an eye on the Michael Hill International Limited (ASX: MHJ) share price today. The keen interest…

Read more »

ASX shares buy unstoppable asx share price represented by man in superman cape pointing skyward
⏸️ Investing

The Atomos (ASX:AMS) share price is up 15% in a week

The Atomos (ASX: AMS) share price has surged 15% this week. Let's look at what's ahead as the company build…

Read more »

Two people in suits arm wrestle on a black and white chess board.
Retail Shares

How does the Temple & Webster (ASX:TPW) share price stack up against Nick Scali (ASX:NCK)?

How does the Temple & Webster (ASX: TPW) share price stack up against rival furniture retailer Nick Scali Limited (ASX:…

Read more »

A medical researcher works on a bichip, indicating share price movement in ASX tech companies
Healthcare Shares

The Aroa (ASX:ARX) share price has surged 60% since its IPO

The Aroa (ASX:ARX) share price has surged 60% since the Polynovo (ASX: PNV) competitor listed on the ASX in July.…

Read more »

asx investor daydreaming about US shares
⏸️ How to Invest

How to buy US shares from Australia right now

If you have been wondering how to buy US shares from Australia to gain exposure from the highly topical market,…

Read more »

⏸️ Investing

Why Fox (NASDAQ:FOX) might hurt News Corp (ASX:NWS) shareholders

News Corporation (ASX: NWS) might be facing some existential threats from its American cousins over the riots on 6 January

Read more »