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Yardeni 10,000 Or Edwards 10?
Ed Yardeni thinks the S&P could reach 10,000 by 2030. Albert Edwards reckons it at -- I don't know -- 10, maybe.
I'm just kidding on that latter part, although only barely. I remind readers about this fairly often, and I imagine Albert gets a kick out of it (or maybe not by now) but for the longest time, Edwards seriously entertained the idea that the S&P might revisit the March 2009 lows, known to business television fans older than, say, 35, as the "Haines bottom."
Suffice to say the
I’ve never hear the appellation for 2009 as the “Haines Bottom.” Mark and I were classmates. Great guy. He and my best man ran our three college radio stations.
“for the “right” reasons (e.g., growth optimism)”- there is growth and then, there is real growth!
Nice article even if quoting the outliers counts as news. I do appreciate the graphic. IT puts my plans in perspective.
Well, quoting every suit with a 6500 year-end 2025 SPX target certainly isn’t news. I’d wager people would rather read something like this than another “Joe Johnson Says US Stocks May Return 9% in 2025” articles.