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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full discussion with Wharton's Jeremy Siegel, Hightower's Stephanie Link and Veritas' Greg BranchWharton Professor Jeremy Siegel joins 'Closing Bell: Overtime' to discuss today's jobs report and how the Fed may actually interpret the numbers heading into their December meeting. With Hightower's Stephanie Link and Veritas Financial's Gregory Branch.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWharton's Jeremy Siegel explains why he thinks 90% of inflation is goneJeremy Siegel, professor of finance at the University of Pennsylvania's Wharton School of Business, joins CNBC's 'Squawk Box' to break down his forecast for inflation and markets.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Wharton's Jeremy Siegel on inflationJeremy Siegel, professor of finance at the University of Pennsylvania's Wharton School of Business, joins CNBC's 'Squawk Box' to break down his forecast for inflation and markets. "I think we could see a 15, and potentially a 20%, increase in equity prices in 2023," Wharton tells CNBC.
Wharton finance professor Jeremy Siegel is bullish on next year's stock market, predicting equities could rise 15%, or possibly even 20%. "They haven't gotten it yet that inflation is basically over but they will, " Siegel said on " Squawk Box" Monday. His call stands in contrast to Goldman Sachs, which said in a note Monday that the S & P 500 will end 2023 essentially flat. They expect the S & P 500 to end 2023 only around 4,000 by December 2023, or about 1% higher than Friday's close. For instance, the growth in housing prices is slowing, and he expects to see more evidence of that when September's S & P CoreLogic Case-Shiller Home Price Index is released next Tuesday.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Fed could pause its interest rate hikes right now, says Wharton's Jeremy SiegelJeremy Siegel, professor of finance at the University of Pennsylvania's Wharton School of Business, joins CNBC's 'Squawk Box' to react to October's producer price index data.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Wharton's Jeremy Siegel on the Fed, markets and moreJeremy Siegel, professor of finance at the University of Pennsylvania's Wharton School of Business, joins CNBC's 'Squawk Box' to react to October's producer price index data. Siegel also breaks down his outlook for future interest rate hikes from the Federal Reserve and more. "They're probably going to go 50 basis points, but that should be the absolute pause," Siegel tells CNBC.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Fed is looking at the wrong housing indicators, says Wharton's Jeremy SiegelJeremy Siegel, professor of finance at the Wharton School of Business, joins CNBC's 'Squawk Box' to react to the Federal Reserve's latest interest rate hike and what it means for markets.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFed will pivot soon after 'tremendous' progress on inflation, says Wharton's Jeremy SiegelJeremy Siegel, professor emeritus of finance at University of Pennsylvania's Wharton School of Business, joins 'Squawk Box' to discuss the performance of corporate earnings, progress on bringing down inflation, and core rates staying high.
In this market, value names are the place to be, according to Wharton Business School professor emeritus Jeremy Siegel. The long-term investor is staying in the market and says the recent environment has provided a good opportunity. "For young people with cash, I think this is a great time to come in," Siegel said on CNBC's " Squawk Box " Tuesday. Siegel sees the momentum continuing for value stocks , which he said are trading for 12 or 13 times earnings. "I think they are going to acknowledge that there has been a tremendous amount of progress made on inflation," he said.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailService inflation has lagged and it's distorting the Fed's view on inflation, says Wharton's Jeremy SiegelJeremy Siegel, Wharton School of Business professor, joins 'Closing Bell: Overtime' to discuss the Fed, inflation and its impact on the markets.
Most of the inflation is behind us, and then the biggest threat is recession, not inflation, today. Jeremy Siegel Wharton professorOfficial data, which typically lags by a month, may not immediately show the changes happening in the real economy, he said. "Most of the inflation is behind us, and then the biggest threat is recession, not inflation, today." "I think that that is way, way too high — given the policy lags, that really would force a contraction," he said. "But my feeling is that when I look at sensitive commodity prices, asset prices, housing prices, even rental prices, I see declines, not increases," he said.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe dollar is showing how tight the Fed actually is, says Wharton's Jeremy SiegelJeremy Siegel, professor at the Wharton School, joins 'Squawk Box' to discuss the risks involved as the Fed is aggressively increasing rates to tame inflation.
Watch CNBC's full interview with Wharton's Jeremy Siegel
  + stars: | 2022-09-23 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Wharton's Jeremy SiegelJeremy Siegel, professor at the Wharton School, joins the 'Halftime Report' to discuss the Fed's decision to raise rates after commodity and asset price dip, arguing that the Fed is oversteering and overlooking data that the economy is slowing.
Today, I'm breaking down what to know about the Fed's third jumbo rate hike, and how markets could look in its aftermath. In this March 21, 2018, file photo, Federal Reserve Chairman Jerome Powell speaks following the Federal Open Market Committee meeting in Washington. A third, outsized rate hike is an unprecedented move by the Federal Reserve. For this meeting in particular, billionaire David Rubenstein warned that a 100-basis-point hike this week would shock and depress markets and investors. What's on deck for markets after a third consecutive large rate hike?
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