Wharton professor Jeremy Siegel sees an 'upward tilt' for stocks during the rest of 2023 – and says there's no clear sign of a recession

• "Wizard of Wharton" Jeremy Siegel says US stocks are on track for an "upward lift" during the rest of 2023. 
• The top economist also emphasized the underlying strength in the economy, saying there are no clear signs of recession. 
• Siegel further suggested the Fed is unlikely to hike interest rates in September, in a bullish sign for equities. 

Wharton finance professor Jeremy Siegel said US stocks will likely maintain an "upward tilt" this year – and emphasised the resilience of the world's largest economy. 

The esteemed economist, also dubbed the "Wizard of Wharton," shared his outlook in a weekly WisdomTree blog.