Wall Street

Wharton’s Siegel: Now’s a Good Time to Buy Stocks

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The Street

By Dan Weil Some experts think the market has further to fall, as inflation roars and the Federal Reserve readies further interest-rate hikes. Stocks officially have entered a bear market, with the S&P 500 index recently at 3,793, down 21% from its Jan. 3 record closing high of 4,797. Some experts think the market has further to fall, as inflation roars and the Federal Reserve readies further interest-rate hikes to quell those price increases. The Fed tightening risks causing a recession. But renowned Wharton finance professor Jeremy Siegel, who is generally bullish on stocks, isn’t giving up …

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