Commentary Professor Jeremy Siegel sounds pessimistic about the equity market. The Russell E. Palmer, finance professor at the University of Pennsylvania’s Wharton School of Business, predicted the Dow Jones would rise above 20,000, years before it did. Now he warns that “too much money chasing too few goods implies that inflation is likely to be a worse problem than Wall Street expects.” He thinks this means that the Federal Reserve will have to be much more aggressive than most analysts and economists currently predict. In an interview with CNBC that aired on Jan. 12, Siegel said, “Everything is pointing upward. Everything is going up.” He went on to assert the surge in inflation is likely to force the Federal Reserve to be “far more aggressive than what Wall Street thinks.” The general consensus is that the Federal Reserve will wind down its bond-buying over the next 18–24 months and raise interest rates four …