Jeremy Siegel predicts stock market will climb due to positive catalysts like AI and Israel-Iran ceasefire
From Yahoo Finance: 2025-06-25 19:39:00
Top economist Jeremy Siegel predicts that stocks will continue to climb higher, citing positive catalysts like AI, a cooler inflation outlook, and the Israel-Iran ceasefire. Markets are set to break records, with the Nasdaq 100 hitting a new high. A potential decline in home prices may lead to negative inflation rates in the future. The US economy is benefiting from AI, which could offset the impact of Trump’s tariffs. Cooler inflation outlook could result in lower interest rates, with Fed officials considering rate cuts sooner than expected. Fed Chair Powell hinted at potential rate cuts if inflation remains contained. Markets are pricing in a high chance of rate cuts by the end of the year.
Read more at Yahoo Finance: 4 things Wharton’s Jeremy Siegel sees propelling the stock market past record highs