Wharton's Jeremy Siegel says hot inflation is not the enemy of stocks. Here's why

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New for subscribers: Wharton's Jeremy Siegel says hot inflation is not the enemy of stocks. Here's why. Check out CNBCPro today.

"Stocks are long-term excellent hedges against inflation," Siegel said in an interview on"I think there's going to be a lot more inflation," added Siegel, a longtime market bull. But he added, "I'm not selling my stocks.

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