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Wed, February 12, 2025

The market is looking very positively at DOGE and Elon Musk, says Wharton's Jeremy Siegel


Published on 2025-02-12 08:40:48 - MSN
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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 latest market trends, state of the economy,

The video from MSN Money discusses the positive market sentiment towards Dogecoin (DOGE) and the influence of Elon Musk, as highlighted by Jeremy Siegel, a professor at Wharton School. Siegel points out that the market's enthusiasm for Dogecoin is largely driven by Musk's endorsements and his ability to sway public and investor interest through his social media presence. Despite Dogecoin's origins as a meme cryptocurrency, its value has seen significant fluctuations based on Musk's tweets and public statements. Siegel also touches on broader market trends, suggesting that while speculative assets like Dogecoin can experience rapid rises, they also carry substantial risk due to their volatility and lack of intrinsic value. He advises investors to be cautious and consider the long-term implications of investing in such assets.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/topstocks/the-market-is-looking-very-positively-at-doge-and-elon-musk-says-wharton-s-jeremy-siegel/vi-AA1yTH2L ]
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