Merryn Talks Money Ed Yardeni Says It’s Not as Bad as You Think
45 snips
May 23, 2025 
Join Ed Yardeni, President of Yardeni Research and economist who popularized the term 'bond vigilantes', as he shares insights on the current state of U.S. markets. He discusses the rising bond yields and the contrasting dynamics of various generations in investing. Despite concerns of stagflation, Yardeni expresses cautious optimism about the economy's resilience. The conversation dives into global market risks, the allure of gold and Bitcoin, and the challenges faced by small-cap stocks in a passive investing landscape, offering a hopeful perspective amidst uncertainty.
AI Snips
Chapters
Transcript
Episode notes
Bond Market Stress Insight
- Developed world bond markets show stress from concerns about unsustainable fiscal policies.
- Bond vigilantes may pressure governments if politicians don't address debt issues.
Debt Crisis Predictions Missed
- Debt crises have been predicted repeatedly but have yet to materialize in the US.
- Current economic resilience challenges longstanding pessimistic expectations.
Debt Crisis Solutions Exist
- Debt crises in the US or Japan are unlikely to cause defaults but may cause market protests.
- Solutions exist such as adjusting spending and receipts but require political will.