Follow
About Edward
Dr. Ed Yardeni is the president of Yardeni Research, Inc., a provider of global investment strategy and asset allocation analyses and recommendations. He previously served as chief investment strategist for Oak Associates, Prudential Equity Group, and Deutsche Bank's US equities division in New York City. Dr. Yardeni taught at Columbia University's Graduate School of Business and was an economist with the Federal Reserve Bank of New York. He is frequently quoted in the financial press, including The Wall Street Journal, Financial Times, The New York Times, The Washington Post, and Barron's.
Edward's Articles
The Fed is widely expected to cut the federal funds rate (FFR) by 25 basis points today. If we were on the Federal Open Market Committee (FOMC), we would strongly dissent in favor of a pause, notes Ed Yardeni, editor of Yardeni QuickTakes.
Edward Yardeni
FEDERAL RESERVE
The S&P 500 and Dow closed at records Wednesday. Leading the charge were technology stocks. Bank stocks also performed well. At the beginning of September, we wrote: "We are hard pressed to find what could possibly go wrong in September. So perhaps, the path of least resistance will continue to drive stock prices higher.” We wrote the same at the start of October. So far, so good, notes Ed Yardeni, editor of Yardeni QuickTakes.
Edward Yardeni
STOCKS
Over the past several days, China has unleashed several fiscal and monetary stimulus measures. China investor Jason Hu called these the "twin bazookas" policy of "[p]rint money and spend money." It's having an immediate effect, at least on stock prices. The question now is whether this rally is sustainable, writes Ed Yardeni, editor of Yardeni QuickTakes.
Edward Yardeni
GLOBAL
Most of the Federal Reserve’s past monetary easing cycles were triggered by financial crises that quickly morphed into economy-wide credit crunches, which caused recessions. In our opinion, lowering the federal funds rate too much, too fast now could trigger an economic boom, in which real GDP grows at a brisk pace but with higher inflation risks, observes Ed Yardeni, editor of Yardeni QuickTakes.
Edward Yardeni
FEDERAL RESERVE
Edward's Videos
Inflation. Growth. Credit. These are three key forces that will impact America’s economic outlook in 2024. The only question is...how? Will cooling inflation allow the Federal Reserve to not only stop raising interest rates, but potentially cut them? Will growth slow, but not grind to a halt, encouraging stock investors to take on more risk? Will the credit markets continue to tighten, without seizing up? Get the answers YOU need to those questions and more in this hard-hitting panel featuring top economists and investment strategists. Then put the guidance you receive to work in your portfolio in 2024.
Edward Yardeni
MARKETS
26:44
The US economy seems to be heading into a recession, while inflation remains high. It's hard to be an optimist under the circumstances. Indeed, during June 2022, one measure of consumer sentiment fell to the lowest on record starting in 1952. Also in June, the Investors Intelligence Bull/Bear Ratio was the lowest it has been since the bottom of the bear market during the Great Financial Crisis. Might there be too much pessimism? The past year has been like living through the stagflationary 1970s, but on fast forward. However, a mild recession could help to bring inflation down sooner rather than later, setting the stage for recovery with gains to be had again in the bond and stock market. Dr. Ed Yardeni will provide a balanced discussion of what could go right and what could go wrong over the next 12 months, as well as the rest of this decade.
Edward Yardeni
ECONOMY
38:05
Rising inflation, rising interest rates, and rising market instability made for a confounding environment last year. So, where can investors turn for relief in 2023? What sectors are likely to prosper as the Federal Reserve's policy approach shifts? Which sectors will fall further behind? And if your goal is income, what equity and fixed income investments make the most sense?
Edward Yardeni
MARKETS
27:44
Fed Chair Jerome Powell has been increasingly hawkish. Indeed he, along with his colleagues on the Federal Open Market Committee, unanimously raised the federal funds rate by 75 basis points on Wednesday, September 21 after doing the same at the previous two meetings of the Fed's monetary policy committee. The Fed is committed to bringing inflation down even if that causes a recession, according to Powell. So, is a recession inevitable? Might inflation moderate without a recession. Dr. Ed Yardeni will address these and other questions relevant to bond and stock investors.
Edward Yardeni
MARKETS
37:22
Upcoming Appearances
Edward's Books
Edward Yardeni
S&P 500 Earnings, Valuation, and the Pandemic: A Primer for Investors
In this unique primer, Edward Yardeni and Joseph Abbott, two of the world’s most experienced and widely followed investment strategists, provide investors with a practical understanding of the forces that drive the stock market. This study focuses on the S&P 500 stock price index, examining how it is determined by the earnings of the 500 companies that are included in the index and the valuation of those earnings by the stock market. Notwithstanding occasional bear
Edward Yardeni
The Yield Curve: What Is It Really Predicting?
The yield curve is now as widely followed by the financial press as movie stars are followed by paparazzi. The tabloids often comment on any noticeable changes in the physical features of the celebrities they stalk. Similarly, the financial paparazzi are obsessed with the shape of the yield curve.
Edward Yardeni
Predicting the Markets: A Professional Autobiography
Ed Yardeni takes readers on a fascinating journey retracing the economic and financial ups and downs from the late 1970s through today. Along the way, he mines the lessons of the past for insights that inform how to be thinking about the future.