Summary of Calling it poor monetary policy is an understatement, Says Prof. Jeremy Siegel on Fed hikes

00:00:00 - 00:05:00

Professor Jeremy Siegel of the Wharton School discusses the Federal Reserve's Monetary Policy and how it impacts the stock market. He argues that the Fed is too tight and that the current situation is reminiscent of what occurred a year ago. He also discusses how wages are in catch-up mode, and how the stock market reacts to Market-oriented data.

• 00:00:00 Professor Jeremy Siegel of the Wharton School discusses the Federal Reserve's Monetary Policy and how it impacts the stock market. He argues that the Fed is too tight and that the current situation is reminiscent of what occurred a year ago. He also discusses how wages are in catch-up mode, and how the stock market reacts to Market-oriented data.
• 00:05:00 Professor Jeremy Siegel points out that the Federal Reserve's recent decision to raise interest rates is not indicative of good monetary policy, and that this could have a negative impact on the economy.