I'm concerned Fed Chair Powell will overtighten, says Wharton's Jeremy Siegel

Jeremy Siegel, professor of finance at the Wharton School of Business, joins CNBC's 'Squawk Box' to discuss markets and the Federal Reserve's response to inflation ahead of the open.

[robertwang]

Over tighten ? US and Europe is so behind the curve, when they catch up, the pain will be too much. You print $, you pay the price, sooner or later.

[acesfullmike]

Glad to see at least one person that is awake, and has the ability to remember Powell's past performance.

[MegaThashan]

Jeremy is a very smart guy. Pay attention to his comments, you will be fine.

[orwellhuxley]

Obviously Siegel hasn’t shopped for rent, food, a gallon of paint, education, healthcare, etc. what a doofus.

[tylermiller]

Jeremy lived through the 70’s and saw the Fed not be aggressive enough. His comments make no sense.

[johnstibal]

Good, let them overtighten. All it means is the Fed will flip back to easing and patient investors will get a nice bounce.

[psusac]

It's so messed up that we literally have a business model on display based on reading the mind of a single guy.

[normanoro]

Like with many announcements, it appears Fed Chair Powell intended to say one thing and several (or more) things got heard. To me, what he said seemed mostly geared towards bolstering the Fed's credibility, especially with respect to the financial markets. Given Jerome Powell's stated goal of bringing inflation down even at the risk of slowing employment and the overall economy, markets seemed too buoyant.

[found_treasures]

He's going to fit in perfectly at CNBC when he retires from his current "job".

[បេះដូង-ឡទ]

This guy is just rambling. I think he's losing a lot of money now.

[chrisforza]

Siegel is and always will be one of the most brilliant economic analysts

[criessmiles]

Mr confused is back
Cheers from west Africa
🦅

[SuriBayArea]

Prof Siegel is a flip-flopper, still 8+ %. Look at the fiscal side, we are only making it worse.
Summers is the only consistent voice so far.

[idellameyer]

I am new to the stock market. Every stock that I bought so far, I was out of luck because I bought them when they were expensive. I feel I missed on all the stock opportunities so far for the tech stocks.I believe having 75K yearly income would be a good investment so I want to plug all my savings into the stock market. I know this sounds a bit dull but I would like to know if I should learn investing or let somebody else (more capable like a FA) do it for me? Please share your thoughts. I am kind of tired of searching for a good stock to buy and loosing all the good opportunities :(

[johnshaff]

“Money supply is tight”?? We more than doubled it in a year, and then we don’t even take 100B of the 6T we created out and you say it’s “unprecedented” and “tight”??

[Slowcarfastbeans]

They need to ask the question of whether 2% target inflation is even attainable under current conditions by flipping that one lever higher and higher. If not, then we’re not flipping the right lever.

[arigutman]

The noise on the street is real and I think whatever happens will happen, but the investor taking advantage of the volatility today, this week, foreseeable future... will ultimately matter the most.. and spark the generation of wealth!

[kiragi]

I was stalling on my I-bonds for the year to see if there was going to be any federal measure which would contract the money supply.

[mitchell-gordon]

Jeremy Siegel is a 🐐 have to respect his opinion

[devbomcduck]

"transitory" to "soft landing" to "There are MF snakes on this MF plane" in 12 months?