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-7.32386113960695E-05 -0.00161124945071061 -0.00175772667350234 -0.000366193056979723 -0.00395634978760822 -0.00644499780284183 -0.00644499780284183 -0.00644499780284183
Stock impact report

War-fueled inflation means stocks could struggle for the next 3 months, Wharton professor Jeremy Siegel says [Business Insider]

Delta Air Lines, Inc. (DAL) 
Last delta air lines, inc. earnings: 4/22 07:00 am Check Earnings Report
US:NYSE Investor Relations: ir.delta.com
The Fed could eventually hike rates to get price growth under control, he said. We're unable to load that answer right now. Please try again. Investors might be better off staying away from the stock market until the summer, according to Wall Street's "professor of stocks." Jeremy Siegel , the famed economist and Wharton finance professor, said he thinks the US market will likely struggle to move higher for the next few months. That's because, while a resolution seems near, the Iran war has already put upward pressure on inflation, he said, referring to the knock-on effects from higher oil prices "I don't think the short-term looks all that favorable, very honestly," Siegel told CNBC on Thursday, adding that he believed investors should hold equities rather than buy at this point. "I don't see a lot of upside until we get a resolution, and that is not looking as good as I hoped. Which means what? A sideways market for two, three months," he later added. Markets have been Show less Read more
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