Money Life With Chuck Jaffe Daily Podcast
Strategist Yardeni: Market's 'melt-up' is consistent with the new 'Roaring '20s'
- Autor: Vários
- Narrador: Vários
- Editor: Podcast
- Duración: 1:01:00
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Sinopsis
Edward Yardeni, president and chief investment strategist at Yardeni Research, says "there's a lot of funky stuff going on in the labor market," and that reduced interest rates may not change conditions but could instead impact the market and contribute to a melt-up that helps the bull market roll on. While melt-ups do tend to be followed by a regression, Yardeni does not see the market reversing too sharply; he's not currently worried about a recession and instead says the current decade is a new Roaring '20s, though he notes that this go-round is unlikely to end in another Great Depression, and instead thinks that current conditions can also turn the next decade into the "Rolling '30s." Jason Brown of The Brown Report — the host of the "Five-Year Millionaire"podcast — says that the technicals are giving him "a lot of reasons to be bullish" without "much to slow it down" on the horizon. That should have investors digging deep on A.I. stocks, especially on any pullbacks or declines, where he says the long-ter