Wharton's Siegel Expects 'Rocky Time' for Stocks

The video discusses the role of equities as inflation hedges and the potential impact of the Federal Reserve's hawkish stance on the market. It highlights a positive long-term outlook for equities despite expected short-term volatility. The speaker predicts more than four Fed rate hikes and suggests that the NASDAQ may enter a bear market, with the S&P 500 likely facing corrections. The conclusion emphasizes that while the market has seen significant growth since March 2000, challenges remain ahead.

What does the analyst suggest about the Fed's actions in the coming months?

How does the analyst describe the current state of equities in relation to inflation?