Money Life With Chuck Jaffe Daily Podcast

Ed Yardeni: This 'well-stimulated' economy has the fuel to keep growing

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Sinopse

After waiting over three years for "one of the worst recessions ever anticipated that never happened," Edward Yardeni, president and chief investment strategist at Yardeni Research, says that the economy is now moving forward without much recession worry, buoyed by consumer spending — especially from Baby Boomers — and rate cuts from the Federal Reserve that he considered mostly unnecessary. Yardeni sees the economy going through another "Roaring 20s" period, and while the one a century ago ended in the Great Depression, he does think that outcome is not inevitable provided the government can keep debt and deficit levels under control while riding out the benefits of the "Digital Revolution" that includes all of the excitement around artificial intelligence and technology. Kendall Dilley, portfolio manager at Vineyard Global Advisors says the market's technicals are showing all green lights for a continuing bull market, and investors should lean in and treat downturns as buying opportunities. Dilley makes a c