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With inflation cooling and AI hitting its stride, stocks are on the cusp of a record-setting ‘roaring 2020s,’ Ed Yardeni says

Summary by Ground News
The S&P 500 closed above 4,500 for the first time since July. Ed Yardeni, founder of YardenI Research, believes there's more upside ahead for investors. The veteran market watcher has been bullish all year, arguing that the Fed's interest rate hikes will tame inflation without sparking a job-killing recession.

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FortuneFortune
Center

With inflation cooling and AI hitting its stride, stocks are on the cusp of a record-setting ‘roaring 2020s,’ Ed Yardeni says

A 4,600 price target for the S&P 500 might have been “too conservative," the veteran market watcher says.

·New York, United States
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Fortune broke the news in New York, United States on Tuesday, November 21, 2023.
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