Stocks are headed for a year-end rally as bond yields near their peak and valuations look ‘persuasive,’ Wharton professor Jeremy Siegel says

• Stocks will see a year-end rally, continuing November’s historical trend as a strong month for the market. 
• Jeremy Siegel says bond yields are near their peak and the end of a historic sell-off is in sight. 
• The upcoming FOMC meeting won’t change much for investors as the Fed is likely to leave rates unchanged. 

The sell-off in stocks in the past few months has investors fretting over their 2023 gains, but if history is any guide, investors are about to enter a historically strong month that could help propel equities to a year-end rally.

That’s according to Wharton professor Jeremy Siegel, who says strong seasonality and a handful of key developments will set stocks up for gains as 2023 winds down.