The stock market will face a 'day of reckoning' this year when an inevitable inflation spike forces the Fed's hand, says Wharton professor Jeremy Siegel
alphanewsstream
2021-05-08 12:30
The stock market will face a 'day of reckoning' this year when an inevitable inflation spike forces the Fed's hand, says Wharton professor Jeremy Siegel
Jeremy Siegel told CNBC he expects the Fed to pull back on its accommodative policy, which has long driven gains in stocks, sometime later this year.

REUTERS/Steve Marcus

Wharton's Jeremy Siegel said the stock market will face a "day of reckoning" sometime this year as inflation spikes.
He ...

https://www.businessinsider.com/stock-market-outlook-inflation-risk-pressure-forecast-jeremy-siegel-fed-2021-5

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