​Yardeni And The Long History Of Prediction Problems – Tyler Durden

Yardeni And The Long History Of Prediction Problems Authored by Lance Roberts via RealInvestmentAdvice.com, Following President Trump’s re-election, the S&P 500 has seen an impressive surge, climbing past 6,000 and sparking significant optimism in the financial markets. Unsurprisingly, the rush by perma-bulls to make long-term predictions is remarkable. For example, Economist Ed Yardeni believes this upward momentum will continue and has revised his long-term forecast, projecting that the S&P 500 will reach 10,000 by 2029.  His forecast reflects a mix of factors that he believes are reigniting investor confidence, including tax cuts, deregulation, and advancements in technology that could drive productivity…  — Continue at ZeroHedge News : Read More