Wealthion - Be Financially Resilient Ed Yardeni: Are We Living in the Roaring 2020s?
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Dec 3, 2024 
Ed Yardeni, a renowned economist known for his market insights, shares his bold predictions about the economy. He discusses the potential for record highs in the S&P 500, driven by AI and productivity gains. Surprisingly, he points out the resilience of the U.S. economy amidst concerns of a recession. Ed also examines risks like market bubbles and the impact of current policies. He draws parallels between today and the Roaring Twenties, suggesting this decade might be just as transformative.
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Market Outlook 2025
- Ed Yardeni maintains a bullish outlook for the stock market in 2025, predicting a target of 7,000 for the S&P 500.
- He anticipates increased volatility due to policy changes under the new Trump administration.
Tariff Tensions
- Trump's economic plan involves using tariffs as a negotiating tool, particularly with China, Canada, and Mexico.
- He plans to impose additional tariffs on these countries, potentially impacting trade and growth.
The 333 Plan
- Scott Bessett's 3-3 plan aims for 3% economic growth, a 3% deficit-to-GDP ratio, and increased oil production.
- Yardeni believes 3% growth is achievable due to technological advancements, but deficit reduction will take time.
