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Bull Market Chance at 80% With Fed Cuts, Says Ed Yardeni

DeFi Daily News by DeFi Daily News
September 23, 2024
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Bull Market Chance at 80% With Fed Cuts, Says Ed Yardeni
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Ed Yardeni, president at Yardeni Research, said he’s raising the odds of an “outright melt up” in stocks following the Federal Reserve’s 50 basis-point cut, but sees the Fed at risk of “overheating a warm economy.”

Sign up for the Surveillance newsletter to make sense of the markets with Lisa Abramowicz and catch the best on-air moments with her and co-hosts Tom Keene and Jonathan Ferro from Bloomberg Television’s flagship morning show. Plus, David Westin’s Wall Street Week on Saturdays. https://bloom.bg/4ebYzJg
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Tags: BullBull MarketChanceCutsEdward Yardenifedfed rate cutsFederal ReserveJonathan FerroLisa AbramowiczMarketMarketsU.S. EconomyYardeni
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