Ed Yardeni's Comment & Analysis
A complete archive of Ed Yardeni's articles, including current analysis & opinion.
Valuation & Growth
As we’ve seen over the past three years, stock investors don’t like recessions, not even the no-shows. There was much anxiety about an imminent recession from January 3, 2022...
We were very bullish at the start of this year with a Street-high year-end price target of 5400 for the S&P 500.
That level was surpassed on June 12. We weren't bullish enough as the stampeding...
We are increasingly asked about the outlook for Bitcoin. We don't have a clue because it doesn't provide investors with any way to value it. We know that the supply of cryptocurrency is limited,...
Fed Chair Jerome Powell is an accomplished danseur. His pirouette's are masterful.
He did another such pivot on Friday in prepared remarks for a speech [starts at 19:00] to business leaders in...
In Sunday’s QuickTakes, Eric, Joe, and I raised our outlook for S&P 500 earnings as well as our price targets for the index. We did so because we believe that Trump 2.0 represents a major regime...
It’s difficult to count the number of mainstream macro theories that we’ve debunked over the past few years. Many long-used relationships and correlations have been upended by record monetary and...
The Fed cut the federal funds rate (FFR) by 25bps yesterday as widely expected. We expected it as well, though we still believe that the now 75bps cut in the FFR since September 18 is too much, too...
Donald Trump's win and the Republican sweep of the House (probably) and the Senate (certainly) is consistent with our Roaring 2020s scenario. Indeed, it increases the odds that the good times will...
Some of our best friends are technicians. Ed was at Prudential (LON:PRU) Equity Group at the same time as Ralph Acampora, the renowned market historian and technical analyst. Ralph's analysis often...
Republican Everett Dirksen was the Senate Minority Leader during the 1960s. Cautioning that federal spending had a way of getting out of control, Dirksen reportedly observed, "A billion here, a...