Yardeni lifts S&P 500 targets on Trump 'animal spirits'

youtube
Yardeni lifts S&P 500 targets on Trump 'animal spirits' Yardeni Research analysts lifted their S&P 500 (^GSPC) targets for 2024, 2025, and 2026 after former President Donald Trump won his 2024 reelection bid. Yardeni Research president Ed Yardeni joins Julie Hyman and Josh Lipton to discuss why he's more bullish on markets now that Trump will serve a second term in the White House. "We're seeing an emergence of animal spirits. It's very reminiscent of what we saw during Trump 1.0 when the stock market improved quite significantly when Trump got elected," Yardeni tells Yahoo Finance, adding, "We're just seeing a more pro-business administration coming in, that [will] undoubtedly will cut taxes, not only for corporations but also for individuals ... And in addition to that, a lot of deregulation." Yardeni says, "We're upping our estimates for what profit margins are going to be doing over the next couple of years. It's going to go higher, and that's leading us to conclude that earnings are going to be stronger than we had thought and drive the market up to probably 7,000 by the end of next year." He notes, "On the other side, we've got tariffs that could be inflationary [and] could lead to trade wars. But I think to a large extent Trump is playing the art of the deal, trying to get set for pushing a lot of our trading partners to be more accommodating in their relationship and trade less [in a way], kind of leaving us with the short end of the stick. So I think it's a negotiating position to a large extent." Yardeni says he thinks "
  2024/11/11      youtube

latest news

The #Nutcracker is the New York City #Ballet's Super Bowl, bringing in

----------------------------------------...

  2024/12/25

ハッチが「世界のベスト」運用責任者に聞く!-インベスコ 世界厳選株式オープン(2024年11月)

証券

マネックス証券の岡元兵八郎(ハッチ)がインベスコのスティーブン・アネス氏にインタ...

  2024/12/25

【松本大とここだけトーク】全国投資セミナーin大阪|長期金利|ドコモ協業(2024年12月)

証券

#マネックス証券 #松本大 #松本大 #マネックス証券 ◆マネックス証券 ファ...

  2024/12/25

フィットイージー株式会社 個人投資家向けオンライン会社説明会

フィットイージー株式会社の企業理念、事業概要、業績、成長戦略についてご説明いたし...

  2024/12/25

It's been a very good year for #elonmusk #podcast #shorts

Donald Trump’s US election win has turbo...

  2024/12/24

Congressman reveals China's plot to 'buy influence' in Panama

中国

Rep. Carlos Gimenez, R-Fla., explains wh...

  2024/12/24

Multiple U.S. states consider strategic bitcoin reserves: CNBC Crypto

暗号通貨

CNBC Crypto World features the latest ne...

  2024/12/24

Homan fired up over migrant crime: ‘You don’t want to help… don’t be p

Incoming Trump administration border cza...

  2024/12/24

Holiday Travel Trouble | Bloomberg Surveillance | December 24, 2024

Bloomberg Surveillance hosted by Tom Kee...

  2024/12/24

Fed's stress test forcing banks to hold 'a lot more capital than is wa

Gene Scalia, Fmr. Labor Secretary, joins...

  2024/12/24

Selling more EVs in U.S. and abroad is 'way to win the auto wars': Ste

Steve Westly, The Westly Group founder &...

  2024/12/24

Fmr. Saks CEO Steve Sadove talks consumer spending trends over the hol

Steve Sadove, Fmr. Saks CEO, joins 'Clos...

  2024/12/24

2025 will be good environment for small and mid-cap companies, says Fu

Fundstrat's Tom Lee joins 'Closing Bell ...

  2024/12/24

Excited for the potential of market broadening in 2025, says HSBC's Jo

Jose Rasco, HSBC Private Bank Americas c...

  2024/12/24

Biden gets ripped for commuting sentence of 37 death row inmates: ‘Tot

Washington Examiner Editor Kaylee McGhee...

  2024/12/24

Bloomberg Surveillance 12/24/2024

Jonathan Ferro, Lisa Abramowicz and Annm...

  2024/12/24