jeremy siegel
  • The surge in oil prices on Monday won't be a problem for inflation, according to Wharton professor Jeremy Siegel.
  • Siegel said while oil prices spiked, natural gas prices have been dropping steadily.
  • "Natural gas, which is more important for heating and electricity generation, actually bumped to new lows," Siegel said. 

The 6% surge in oil prices on Monday stoked investors' fears that inflation could come back strong, but Wharton professor Jeremy Siegel is not particularly worried.