Diamond Member Pelican Press 0 Posted March 25, 2024 Diamond Member Share Posted March 25, 2024 What “Wall Street’s Most Bullish Forecaster” Has to Say About Stocks, Sectors Ed Yardeni is president of Yardeni Research, as well as a markets and economics expert with decades of experience on Wall Street. He is also the driving force behind yardeniquicktakes.com, a comprehensive investment research and commentary website. In this MoneyShow MoneyMasters Podcast interview, Ed explains why he’s so positive on the This is the hidden content, please Sign In or Sign Up for the stock market – something that earned him the nickname “Wall Street’s Most Bullish Forecaster” in a recent article. Ed believes we aren’t in a recession and we won’t be in a recession anytime soon. He sees the Federal Reserve only cutting interest rates twice in 2024 – if that – but believes markets can handle that just fine. Ditto for the “resilient” economy. One thing that has helped: The Fed has gotten better at “Whac-a-Mole” in the wake of the Great Financial Crisis, intervening to keep things like the early-2023 bank failures from spiraling out of control and leading to a massive credit crunch. Ed goes on to share a truly contrarian take on commercial real estate…his three favorite sectors for the quarters ahead…why this environment looks like the mid-1990s…and the one thing that DOES worry him most right now. Finally, he lays out a roadmap for why we should see the S&P 500 hit 5,400 by year end, 6,000 a year later, and 6,500 in 2026. This content was originally posted on the This is the hidden content, please Sign In or Sign Up This is the hidden content, please Sign In or Sign Up [ #Wall #Streets #Bullish #Forecaster #Stocks #Sectors This is the hidden content, please Sign In or Sign Up 0 Quote Link to comment https://hopzone.eu/forums/topic/7239-what-%E2%80%9Cwall-street%E2%80%99s-most-bullish-forecaster%E2%80%9D-has-to-say-about-stocks-sectors/ Share on other sites More sharing options...
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