Yardeni Predicts Roaring 20's Stock Rally: S&P 500 Could Surge 30% by 2025 If Soft Landing Unfolds
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Moderating inflation and a resilient economy suggest the "Roaring 20's" are returning, driving a stock market rally over the next 2 years, says market veteran Ed Yardeni.
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Yardeni forecasts the S&P 500 surging 30% from current levels to 6,000 by end of 2025.
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Yardeni has the most bullish 2024 S&P 500 price target on Wall Street at 5,400.
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Falling inflation increases chances of a "soft landing" of the economy, where the Fed tames inflation without causing a recession.
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If inflation keeps moderating towards 2% next year, Yardeni expects the Fed to cut interest rates, which would be bullish for stocks.