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Key Words: Professor who called Dow 20,000 says he’s nervous about trends in inflation that could spark a stock-market correction

Key Words: Professor who called Dow 20,000 says he's nervous about trends in inflation that could spark a stock-market correction

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Jeremy Siegel, professor of finance at the University of Pennsylvania’s Wharton School of Business, on Wednesday said that a fresh surge in inflation is making him nervous and warned that accelerating pricing pressures could compel the Federal Reserve to raise interest rates at a faster clip than currently anticipated, which could deliver a correction to equity benchmarks.

...read full article on Market Watch

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