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Transcripts For CNBC Power Lunch 20160420

School. We should see 19,000, maybe even 20,000 on the dow by the end of the year. Jack admiral is executive vp of a bank. He thinks the markets are overvalued. Thats the collision. Thats what makes a market. Professor siegel, what causes you to feel that we can move, not just a little bit higher, but rather more significantly higher between now and year end . Do you see the economy as that strong . Well, what i see, i mean, i will admit, i mean, we have moved up in price ahead of the earnings increase. I originally thought we would have to wait until the second half of the year to see that earnings. But let me tell what you i think stock investors are cueing off of. I look at sensitive commodity prices. Were seeing increases in iron ore, aluminum, nickel. The Agriculture Sector is beginning to boom. These sensitive commodity prices, i think, are a signal to an increase in world demand, a better second half and i think thats what stock investors are looking at as a clue to get in befor

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