Update: Another Roaring Twenties May Still Be Ahead
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- Опубліковано 31 лип 2024
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Our Roaring 2020s outlook for this decade centers on the idea that technological innovations such as the so-called BRAIN technologies will be widely adopted by companies, fueling productivity growth that minimizes the economy’s major problem of a tight labor market and drives widespread prosperity. The pandemic derailed a productivity boom that started gathering steam in late 2015 and is just this year getting back on track. … We think the stock market rally that began a year ago reflects the technological revolution at the core of our Roaring 2020s scenario. … Of course, there are doubters; we address each of their main points below.
Always appreciate Ed’s wise perspective and comments
Thanks Ed. Appreciate the perspective and analysis.
I call this the Pamplona Market - running of the bulls. Portfolio managers try to outrun the bulls, but they are run over and carried out. The market is front-running the Fed.
EXCELLENT writing!!!
HIGHLY creative!!!
(and great analysis, too)
Soft spoken, immensely valuable and sensible analysis as always Ed. Thank you so much for what you do. Happy holidays to you and your entire family.
Wonderful weekly video. Just subscribed. Thanks!
21:00 I think the productivity booms are all the result of increased ease of commuting to work. Hence the boom during Covid when staff were WFH. 1960's saw a big expansion in highways until they suffered from traffic congestion. The boom to 2000 was the rise in mobile telecoms.
Thanks, great video. greetings from Germany
If you read the comments, would you mind sharing your interpretation of the inverted yield curve? To my amateur eye it seems clear that an inversion historically guarantees the start of a recessionary era, even if it's a few years out.
You mean that because the inversion of the yield curve has predicted a recession virtually 100% of the time that it will happen again?
Don't you know that this time it's different? (just kidding)
Anywho, you GOTTA follow George Gammon and Jeffrey Snider. Just Google them. They explain WHY an inversion preceeds a recession, and why we're headed for a global recession.
If Ed thinks that the collapse of the real estate market in China will have no negative effects on the world economy, he's dreaming. The U. S.housing bubble in 2008 was just a local phenomenon and had no effect on the world economy, right?
Everything looks fine until it doesn't. You can't get to hard landing without first passing through a soft landing.
Thank You
Hi Ed. New to your channel. I have read several posts from your books. I am an investor, retired banker, MBA. I subscribed will keep checking in. I hate listening to all of the perma-bears on CNBC.
This is the man who coined "bond vigilante".
St. Maarten is great glad you enjoyed it Ed. I’ve been to Anguilla a few times as well very close by. 2YR yield finally collapsing great news 😊
He went to Saint Martin not the Dutch side
Bitcoin up 100% all paper assets is trading at 2021 prices
There is a lot of retail investor money in cash. That cash will go back into the market over the next year
the best thank you
S&P 500 is YTD is up 15% it’s based on cost cutting buyback stock ..EPS of 250 is a dismal
Does he live in the real world?
As long as fiscal spending keeps going anything is possible. Nothing has to make sense.
A new Bull market, not until we are over the previous highs. Getting near. If the FED cuts rates it will not be good for a good reason.
We love u Ed❤
Thanks for the video, even thought I disagree it almost all of it
An interesting take on President Xi's speech. So there must be an ulterior motive for proposing peace and trade and cooperation?
This vid out of all in the series has for the first time quality comments, at last:)
Older boomers with paid off homes and retirement income are a special kind of consumer. They give to their children/grandchildren (sometimes) and buy luxury items. There are huge sections of the economy that have become dead zones. This *might* be ok for certain sectors of the stock market, but it’s ugly. Just ugly for the rest of America.
Ed. Despite your criticism of China’s economy, compare their government bond returns vs ours.
Ed is one of probably three people I really listen to regarding the market.
Egg prices have been up 100% since a month ago in Vegas. Hyper-Inflation is still here. If you want to fantasy about China not effecting the US that's great. 24 q1 coming.
The bottom 30% of the population are much worse off, the top 10% are much better off with inflation.
Glad I inherited a portfolio 😊
The roaring 20’s ended in the Great Depression Ed. Funny how history repeats itself so often
*Re: Xi Jinping & PRC*
_you can expect much tighter controls over the business sector after the latest real estate wind down._ _taipei reunification plans will " _*_eventually_*_ " sunset and fade into the background after a quiet reshuffling of staunch key member supporters._ _beijing can no longer afford continued losses from foreign investment or contract manufacturing._
Regards -
What people forget is that wages also went up...😂😂😂😂😂
I've thought for a while that we are repeating the 1920's.
I don't see how any of this data makes making decisions easier - if anything it clouds it.
crypto 20s
1/2 of the downtown retail is papered over. CRE office space is on its knees and billions of corporate debt is rotating into much higher interest and you’re call for a Roaring Twenties? Ok!
The Fed..Has..My..Back!!!!!!!!!!!
These roaring twenties will come to be known as the #BidenBoom
Thinking that the crashing real estate bubbel in China wont effect the US maybe even be positive takes first financial price award 🤣
I saw a great deal on a condo outside of Shanghai. Avaliable luxury upgrades include walls, windows, plumbing and electrical.
Simply, all the data is manipulated to fit the narrative.
Hi there, I’m commenting from Switzerland . Interesting to know she connects with people from different parts of the world. Such an ambitious woman. I got in touch with Ms. Davis early this year. As a newbie in the market, I had little knowledge on predicting the stock market, but with Ms. Norman weekly analysis and advise profits are guaranteed! I received three times my initial deposit in a week!!
I have a master in mathematical finance, so it wasn’t so easy to get me convinced to begin an investment without me carrying out proper research on her. I had her broker ID checked and she’s fully verified! So I began with a few bucks, only to get huge returns in a month. I reinvested and now I get long term monthly returns… So glad I don’t rely on pay checks anymore.
One word Ðoge.
btw US signed the 'One China' poicy acknowledging China's claim to Taiwan in 1979.
34 trillion National Debt interest payments are 680 billion interest annual payments it will exceed Defense Budget of 820 billion you delusional
Massive new debt issued to finance government is very inflationary….assets prices to the moon
@@Rainy_Day12234 wrong paper assets is priced in degenerative dollar the hard assets is ahold and Bitcoin and commodities brooooooo
While the defense budget is indeed huge, what's relevant is the ratio of national debt to GDP.
To illustrate--$10,000 debt is crushing if you earn $20,000 per yr. The same debt is manageable if you earn $100,000 and trivial if you earn $500,000.
High tech... how many equites are down vs up yoy Whats the national debt?. Industrial equipment is on sale everywhere because of inflation and interest rates and being parked because housing is dead. Leave all high tech out of it. It cost 30 bucks to eat for two people in a fast food place. 250 bucks for groceries that used to cost 125. We've been in a recession. Credit card debt Is an all time high 1.4 trillion .
Are you a democrat?
Keep your money in cash since you worry about the world ending :)