Wharton’s Jeremy Siegel Calls Stocks The ‘Perfect Hedge’ Against Inflation; Predicts Four More Rate Cuts By Mid-2025

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The benchmark S&P 500 index has surged more than 23% this year to new all time highs, boosted by the Federal Reserve’s aggressive rate cut in September. In the last two years, the index has almost doubled thanks to resilient economic data and surging corporate earnings.