Stay Bullish, Says Economist Ed Yardeni

Barron's Streetwise

Barron's

Business

4.8 • 1.5K Ratings

🗓️ 8 August 2024

⏱️ 27 minutes

🔗️ Recording | iTunes | RSS

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Summary

The longtime Fed watcher talks about the road to S&P 8000, and the outlook for the national debt. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	I'm Scarlet Johanson. My family relied on public assistance to help provide meals for us.
0:04.6	These meals help fuel my love for acting. When people are fed, futures are nourished.
0:08.9	Join the movement to end hunger at Feeding America.org
0:11.9	slash Act Now. Brought to you by Feeding America.org slash Act Now.
0:13.0	Brought to you by Feeding America and the Ad Council.
0:17.0	I see the S&P 500 getting to 8,000.
0:20.0	By the end of the decade, the Dow goes from about 40,000 to 60,000 by the end of the decade.
0:26.7	And at this point, I'm not seeing a recession.
0:31.4	Hello and welcome to the Barron Streetwise Podcast I'm Jack Howe and the voice you just heard
0:36.9	that's Ed Yardenny he's an economist and the publisher of a popular Wall Street
0:42.3	newsletter he's going to talk to us about the jobs
0:45.0	numbers, that big stock market sell off, and why he's not worried, except maybe about the
0:50.9	national debt. Listening in is our audio producer Jackson, hi Jackson, hey Jack.
0:54.0	We don't... listening in is our audio producer Jackson, hi Jackson,
1:03.6	a Jack.
1:04.6	We don't have any time for getting sidetracked.
1:07.6	I mean, there was a lot of market volatility, big sell-off.
1:11.1	People want answers. We, I was gonna maybe make some idle chit-off. People want answers. I was going to maybe make some idle
1:14.4	chit-chat about the the ongoing Olympics. I noticed that breakdancing is in
1:19.8	this year. They call it breaking and I probably would have cracked wise about that. No time.
1:26.0	I probably would have mentioned the 1984 movie Breaking 2, Electric Bugaloo,
1:33.6	because it's just always fun to say that.
	...

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