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
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...