Next year will likely bring lower returns and perhaps a “pause” for the stock market, longtime bull Jeremy Siegel told CNBC on Monday.
In fact, he believes the market is “clearly near to a top.”
“We have one more push and I think it’s connected with the corporate tax reform,” the Wharton School finance professor said in an interview with “Closing Bell.”
While he’s not warning everyone to sell everything, he sees valuations and political uncertainty slowing down the stock market in 2018.
