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Yes, we see similarities to those inflationary times, but the big difference is that we're not experiencing wage inflation. Keep your eyes open and feelers out for insights that confirm or contradict the economic and investment trends of the 1970s, and you'll gain some wisdom about where the markets are heading.
As market forces look to bring about a recession, Wharton professor Jeremy Siegel offers his take on how well the Fed is handling the situation and what investors can do to stay ahead of the curve.
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