[Editor’s note: In view of the most recent market volatility and devaluation in China, Knowledge at Wharton has updated this interview, which was initially conducted earlier this week.] Despite the global upheaval as the Chinese stock market plunged this week, Wharton finance professor Jeremy Siegel is sticking with his forecast for a 10% rise in the Dow for 2016 (or around 19,000 by year-end). But he cautions that the first half of the year will suffer an economic drag caused by lower oil prices, which touched a 12-year low on January 7. He also notes the following, regarding the most recent events in China: “The devaluation of the yuan is the most important issue driving markets in recent weeks. China knows the circuit breaker [a mechanism allowing the forced shut-down of selling in Chinese stock markets when prices fall too far, too fast] is not a good idea as it is set up, and they are going to substantially widen the band.…