(MENAFN - ValueWalk) Wharton's Jeremy Siegel discusses the 2018 outlook for the U.S. economy.

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It was an unexpectedly stellar year for U.S. stock markets in 2017 – up about 24% thanks to a stronger economy, falling unemployment and expected tax breaks for companies that finally . According to Wharton finance professor , since most of the good news has been baked into indexes now, markets will likely take a breather in 2018. The Dow Jones Industrial Average, he projects, will rise up to 10% by year end, with a correction of 10% or so possible at some point in the year. In this interview, Siegel also offers his views about the Fed, GDP growth, inflation, wage growth, a Bitcoin bubble and why future Republican economic legislation will face a tough road.

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