Market is unprepared for the inflation fallout, Wharton’s Jeremy Siegel warns
2021-10-04 09:35:01 source：CNBC
October 3, 2021
Wall Street may be on the verge of an uncharacteristically painful quarter.
Wharton finance professor Jeremy Siegel, who’s known for his positive market forecasts, is sounding the alarm on the market’s ability to cope with inflation.
“We’re headed for some trouble ahead,” he told CNBC’s “Trading Nation” on Friday. “Inflation, in general, is going to be a much bigger problem than the Fed believes.”
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