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Ed Yardeni

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finance1 year ago

Analysts Predict S&P 500 Surge Amid 'Roaring 2020s' and Trump Impact

Veteran Wall Street strategist Ed Yardeni predicts the S&P 500 will reach 10,000 by 2029, driven by a "Trump 2.0" boost following Donald Trump's recent election victory. Yardeni anticipates a business-friendly environment with tax cuts and deregulation, leading to increased corporate profits and economic growth. He has revised his earnings expectations for the S&P 500 and sees a "Roaring 2020s" scenario as likely, though he warns of potential risks from Federal Reserve rate cuts.

finance1 year ago

Nvidia Dominates Market with Record-Breaking Stock Performance

Wall Street investor Ed Yardeni has singled out Nvidia as the primary driver of this year's market gains, rebranding the "Magnificent Seven" tech giants as the "Magnificent One." Nvidia's stock has surged 115% year-to-date, significantly outperforming other tech giants and the broader S&P 500. Yardeni attributes Nvidia's success to its dominance in the AI sector, though he cautions about the potential impact of high capital expenditures on its clients. He predicts a "Roaring 2020s" scenario with substantial economic growth and productivity gains, forecasting the Dow Jones to reach 60,000 and the S&P 500 to hit 8,000 by 2030.

economy1 year ago

"Market Experts Predict a Return to 'Roaring '20s' Economic Growth in the US"

Market veteran Ed Yardeni predicts a potential "roaring '20s" for the US economy, citing a combination of loose post-pandemic monetary policy and rapid technological change driving growth over the next decade. Drawing parallels to the 1920s, he emphasizes the potential for a productivity growth boom fueled by a technology revolution. This outlook follows better-than-expected GDP expansion and record-high S&P 500 levels, aligning with UBS's similar forecast for a "roaring '20s outcome" for the US economy.

finance-and-economy2 years ago

"2024 Market Forecast: Navigating the Bull Run Amidst Five Myths and Emerging Risks"

Ed Yardeni, who accurately predicted the 2023 bull run, foresees potential stock market challenges in the first half of the year due to four main risks: a hawkish Federal Reserve, political gridlock in Washington, Middle East tensions, and China's economic struggles. Despite these concerns, he maintains a positive long-term outlook for the U.S. economy and expects the S&P 500 to rally by the end of the year.

finance2 years ago

"Market Rebounds: S&P 500 Finds Support and Paramount Surges"

Market veteran Ed Yardeni suggests that the stock market may have just bottomed, pointing to the S&P 500 finding support at its rising trend line. The recent rally has been driven by better-than-expected earnings and the Federal Reserve's less hawkish stance on interest rates. If the market did bottom this week, it would align with the historically bullish seasonals that typically drive stocks higher towards the end of the year.