Jeremy Siegel, Russell E. Palmer Professor of Finance at the Wharton School of the University of Pennsylvania in Philadelphia, on an interview on December 30, 2014.
Jeremy Siegel.
  • The stellar jobs report on Friday could be bad news for stocks and the economy, Jeremy Siegel said.
  • The Fed may keep hiking interest rates to keep inflation in check, the Wharton professor warned.
  • Siegel still expects the Dow Jones Industrial Average to climb 18% to 40,000 points by 2025.

The US economy's surprising resilience could be bad news for stocks, and might raise the risk of a recession this year, Jeremy Siegel has warned.