jeremy siegel is here. i don't know what that was. gh. >> you know what one of my rants, and mike santelli is here who also the last time you were on weren't one of the people. and i have seen more than a few times saying you have to wait for a correction before you put new money to work. i can name 12 well-known people that said wait until you buy. we can get a 10% pull back. >> go up 20% and then go down 10 by now. >> and they will never switch. >> no. >> sooner or later there will be a correction. so they are unare redeemable. >> they haven't bought or who are waiting. >> and i'm not even including the people pack in '09 that said at 6.66 that we're going down from 6.66. >> right. >> i can give you another 10 famous names. so that's why when you get someone who really has stuck to new guns the other time. he said you go, guy. >> we were had he hotel. that's whether we did that deal. >> you're an academic. we immediately assume you're not going to go what's happening. those who can and those who can't touch. >> i have been following

adam: professor jeremy siegel.nk you have my broer when he was there a lot of years ago. >> i have a lot of students come is about as possible. adam: up next, a huge oil spill in arkansas could put te keystone pipeline on thin ice. and opponents say this is the exact reason why the project should be killed. we will talk about it next. plus, commodities by the side of the road. we are going to tell you how you can make some money and profit in that market. can you ever have too much "money"? úúúúúúúúúúúúúúúúúúúúúúúú ♪musicú ♪the more i search0forú my significance,♪ ♪seems0r ♪and0i0ú a0difference♪ ♪in anyú i've been0here♪ ♪and0i0ú laughter♪ ♪it's tp i've ever knownp♪ ♪i0don'ú happensp♪ ♪but i0e ♪and0i0h in you♪ ♪ adam: we talk about the keystone xl pipeline, i knew spill could put the kaj bosch on keystone. an exxon pipeline burst an arkansas forcing evacuations because of the risk to health to help the people that live near it due to the food and fumes fuel to the fire and the critics could be a huge obacle for the

adam: professor jeremy siegel.nk you have my brother when he was there a lot of years ago. >> i have a lot of students come is about as possible. adam: up next, a huge oil spill in arkansas could put the keystone pipeline on thin ice. and opponents say this is the exact reason why the project should be killed. we will talk about it next. plus, commodities by the side of the road. we are going to tell you how you can make some money and profit in that market. can you ever have too much "money"? welcome to the new new york state. what's the "new" in the new new york? a new property tax cap... and the lowest middle class income tax rate in 60 years... and a billion dollars in tax breaksnd ientives. new opportunities for business. over 250,000 new privatsector jobs were created over the last two years. and 17 straight months of job growth. with the most private sector jobs ever. lower taxes, new incentives, new jobs, now that's news. to grow or start your business in the new new york visit thenewny.com ♪ adam: we talk

let's bring in jeremy siegel. welcome back. good to have you on. i can't -- we have a problem with his microphone? you're good now. i got you now. this will end well, professor? we're talking -- >> yeah. i think -- >> 15,000 within sight. >> i think what's important is a lot of people are saying this is all qe, this is the only reason. it is not the only reason. i mean, i think that stocks are the only -- one of the only asset classes that are reasonably priced today. we know bonds are overpriced. we know fixed income is overpriced. . gold is still overpriced even though it has come down recently. commodities are not cheap. you look around and stocks are at their average valuation when interest rates used to be 5%, 6%, 7%. so think of them when interest rates are 1%. you really want to own stocks, you want to own dividend paying stocks. only source of income out there. i think the bull has many more legs than what we've seen over the last week. >> you're looking for 16,000 by the end of the year on the dow and possibly higher following that. >> i t

then we have jeremy siegel to tell us how the dow could crack 17,000 this year.ight, that's his prediction. he's obviously voting for stocks. a pretty bold call, don't miss it. it will be online at 1:00 p.m. scotty, back over to you. >> wise,let's talk gold for a second. you're not a fan, but the miners are doing well, right? what's china a big believer in? >> there's another issue also helping all these commodity stocks, which is that you have the formal announcement from australia that they are going to be able to directly exchange the currency with the chinese currency. so that going back and forth helps. that's also the fxi going. i just don't think you can value gold. what's the evaluation? where's the fundamental case, it is purely an emotional case. now is not the time to buy it. the gold miners have trouble buying money when gold was at 1600, 1800, how are they going to do it down here? >> there are a lot of emotional trades out there, right? >> yes, i feel very emotional today. >> let me jump in here a little bit. you look at the huge move in the minors

jeremy siegel, wharton professor of finance will discuss the fed's market friendly exit strategy.iegel says the banks should raise reserves 8%. uh-huh. as high as 15% which will happen when the fed ends its easing policy. that is tonight 5:00 p.m. eastern. lori: couple hours before the closing bell. keep it here. waiting on a critical bankruptcy ruling on stockton, california. fox judicial analyst judge andrew napolitano says this case is unprecedented. he will join tracy byrnes and ashley webster here on fox business. tracy: happy monday, i'm tracy byrnes. ashley: i'm ashley webster. is the market record run a bubble about to pop? former reagan budget director david stockman says yes and a collapse is coming and time to hide out in cash but is he right on the money we'll talk with one top strategist who says, no way. that's coming up. tracy: a critical bankruptcy ruling on stockton, california, could come any minute. fox news's judge andrew napolitano will tell us how the case will impact cities pensions around the country. ashley: small business, big ideas. we'll meet the founde