Scott Mlyn/CNBC/NBCU Photo Bank/NBCUniversal via Getty ImagesInflation came in just right in June, and it means stocks are in the"ideal environment," Jeremy Siegel said.
The markets guru pointed to resilience in the economy despite the Fed's aggressive tightening efforts. Still, a recession isn't completely out of the question, and stocks risk becoming overvalued, he said. Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily.