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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.

Scott Mlyn/CNBC/NBCU Photo Bank/NBCUniversal via Getty Images

  • The banking fiasco may hit lending, commercial real estate, and the economy, Jeremy Siegel said.
  • The Wharton professor expects stronger growth this year than the Federal Reserve does.
  • Siegel flagged several headwinds that make him cautious about the current economic outlook.

The recent turmoil in the US banking sector threatens to constrain lending, weigh on commercial real estate, and drag down the wider economy, Jeremy Siegel has warned.

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Markets, MI Exclusive, Stocks, Jeremy Siegel, Wharton School of Business, US Economy and Markets, Federal Reserve, Inflation, Recession, Interest Rates, Monetary Policy, Unemployment, Banking Crisis, Bank failures, Credit Crunch, Commercial Real Estate, Housing Market, House Prices, Stocks for the Long Run, Silicon Valley Bank
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The banking fiasco threatens lending, commercial real estate, and economic grow…