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

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