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Jeremy Siegel: "I don't think the short term looks all that favorable to me" Stocks soared on Wednesday after the U.S.
Jeremy Siegel warns that short-term stock market prospects remain unfavorable despite recent gains.
KEY POINTS
- Siegel believes the Federal Reserve is more likely to raise rates than lower them due to high crude prices.
- Expanding money supply, commodity prices, and fiscal policy make Fed easing unlikely, according to Siegel.
- FedWatch tool now shows traders are not expecting any Fed rate cuts by the end of 2026.
COMPANIES
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