Edward Yardeni
Edward Yardeni
announced areas deal investment merger profitable
I see a new merger deal announced every day, and M&A is one of the most profitable areas for investment banks.
bullish estate gains household market sector stock
That could be bullish for the stock market if the household sector concludes that real estate is not the place for speculative gains any more.
forecast last looked market move potential year
In the last year, I thought we'd get to 7,600, which looked like a pretty far-fetched forecast back then. Now I think we can get to 8,500 by year end. I think there is still potential for the market to move a lot.
add call disrupted global hard impact parts phone recession systems
Their systems could be so disrupted that they can't go on with business. They can't export, they can't import. It's hard to place a phone call into Brazil. It's hard to get the parts from Taiwan. All that could add up to a global recession that could still impact our economy.
orders rebound recovery reflecting within
Look for orders to rebound in May, reflecting broad-based recovery within the manufacturing sector.
barrel believe cap crude current energy market oil opinion per percent price represents risen solid
We believe the equilibrium price of crude oil has risen from about $20 per barrel during the 1990s to at least $30 during the current decade. The fundamentals are solid for the energy sector. Energy represents 6 percent of the S&P 500 market cap -- in our opinion it should be double-weighted.
bad bunch created economy flipping good great hamburger lots reality
The reality is that the economy is in great shape. It's created lots of good jobs?not bad jobs. We haven't created a whole bunch of hamburger flipping jobs.