Thoughtful Money with Adam Taggart

Don't Sell Your Stocks! The Bears Are Wrong | Ed Yardeni

13 snips
May 4, 2025
Ed Yardeni, President of Yardeni Research and a seasoned investment strategist, shares his insights on the current economic landscape. He reassesses his previous market predictions, now considering a 45% chance of recession due to tariff-related uncertainties. Yardeni discusses the unforeseen impacts of trade policies, including potential inflation from tariffs. He also highlights resilience in consumer spending and technology, advocating for proactive investment strategies while remaining optimistic about the American market's future.
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INSIGHT

Stock Market Bottomed in April

  • The stock market bottomed on April 8th and will likely avoid a bear market this year.
  • The economy will show resilience with strong consumer spending and tech capital investment.
INSIGHT

Tariffs Temporarily Lower Market Expectation

  • Trump 2.0's tariff policies caused a market setback, lowering S&P 500 expectations from 7000 to 6000.
  • Despite this, Ed still expects a "roaring 2020s" decade with a market rebound later.
INSIGHT

Recession Odds Increased to 45%

  • Ed raised recession odds from 20% to 45% due to tariff disruptions but does not expect it as the base case.
  • The economy might experience temporary setbacks without fully entering recession territory.
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