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

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By Gesard in Business
Updated 3 years ago

Wharton's Jeremy Siegel said the stock market will face a "day of reckoning" sometime this year as inflation spikes. He forecasts an uptick in inflation will force the Fed to change its accommodative policy and that will spook stocks. He also said inflation will rise cumulatively 20% over the next...

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