Stock market is setting up for 'great scenario' to climb higher: Yardeni
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- Опубліковано 19 тра 2024
- After reaching all-time record highs last week, market indexes are in a tug-of-war to stay above these benchmarks; the S&P 500 (^GSPC) is holding above 5,300 while the Dow Jones Industrial Average (^DJI) rolls further back below 40,000. Yardeni Research President Ed Yardeni forecasts the Dow shooting up as high as 60,000 by 2030.
Yardeni sits down with Market Domination to discuss the multitude of factors that could either accelerate or derail market growth, including the higher interest rate environment sustained by the Federal Reserve.
"Usually recessions are caused by credit crunches and at this point, I don't see something like that. But a spike in oil prices (CL=F, BZ=F) is something that from a geopolitical perspective, is still not out of the realm of possibilities here," Yardeni notes to Yahoo Finance. "Fortunately, the price of oil has actually moderated quite a bit ever since Israel and Iran launched missiles at each other and then kind of backed off. So I think there's enough oil so we don't get a kind of big spike the way we had in the 1970s."
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Terima kasih.Selamat pagi... good Moning...
Predictions are absolutely useless
This is my fifth year after retirement. I’ve been following the 4% rule thing, but this isn’t really how hard I expected things to be. I still have about $146,000 outside funds in my IRA to invest. Pls how do I take advantage of this?
Our peak era has passed, with 401(k)s struggling during the recession. My $750K retirement portfolio is shrinking due to inflation, and I fear our leaders are repeating the mistakes of the past. If rising costs worry you about your retirement, I empathize. The American elections are bringing uncertainty with chaotic foreign policies, regulations, and energy strategies.
For retirees and those nearing retirement, it's especially tough. Years of hard work lost to a problem beyond your control-I sympathize with all facing retirement now.
@@biankabrodeur01 I'm anxious about our future, particularly financially. Considering my first stock market investment, but how with the market in turmoil?
Diversification is key in situations like this. Consulting with a finance professional and diversifying into high-performing options can yield significant dividends and balance volatility. My $330k portfolio grew by 85% in 3 years using this strategy.
Always have a hedge.
The interest rate cuts are not just for stocks. Notice how it’s all self interest for these guys. Small caps cannot borrow money. People cannot buy homes and cars.
Get out, get out now.
He misspoke. The math is 100%, not 50% from 20k to 40k.
So basically they’re planning for Great Depression 2.0, fantastic
Lol old man won't know what to do about what's going to happen. Said he doesn't see a credit crunch 😂