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Description: Jeremy Siegel, the longtime stock market bull and influential Wharton School professor, called for more diversity of thought among the members of the Federal Reserve’s policymaking committee, saying the central bank’s groupthink causes it to make mistakes.

Source: CNBC.com – video report

Date: May 01, 2019

Link: https://www.cnbc.com/2019/05/01/jeremy-siegel-blames-fed-groupthink-for-20percent-market-drop-late-last-year.html

Questions for discussion:

  • What is the basis of Jeremy Siegel’s criticisms?
  • Do you agree?

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