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Jeremy Siegel Wharton professor finance markets stocks
Jeremy Siegel said he's still invested in stocks because "there is no alternative."

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  • Don't be fooled by the buoyant trend so far in the current earnings season, according to Wharton professor Jeremy Siegel. 
  • That's because the effects of an ongoing credit crunch are yet to show up in companies' earnings data, according to him.
  • Siegel said the Fed should therefore pause its interest-rate hikes, but doesn't think policymakers will do so unless economic data worsens. 

Don't be fooled by the buoyant trend so far in the ongoing earnings season, because an emerging credit squeeze is set to hit companies' profits, according to Wharton professor Jeremy Siegel. 

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Markets, MI Exclusive, Jeremy Siegel, Wharton professor Jeremy Siegel, Earnings, Earnings season, Q1 Earnings, SVB, Credit Crunch, US Regional Banks, fed interest rates, Fed Hike, Inflation, Monetary Policy
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Don't be fooled by the strong earnings season as a credit squeeze is set to hit…