"Market Veteran Predicts Return of 'Roaring '20s' for US Economy"

1 min read
Source: Business Insider
"Market Veteran Predicts Return of 'Roaring '20s' for US Economy"
Photo: Business Insider
TL;DR Summary

Market veteran Ed Yardeni predicts that the US economy could experience a "roaring '20s" of rapid growth, driven by loose post-pandemic monetary policy and rapid technological change, drawing parallels to the productivity boom of the 1920s. He believes that the current technology revolution and the recent GDP expansion indicate the early stages of a productivity growth boom, echoing the views of UBS that the US economy may be headed for a "roaring '20s outcome".

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