DEEP DIVE: The Kennedy Cure For What Ails Healthcare
President-elect Donald Trump nominated Robert Kennedy Jr., known for challenging the safety of vaccines, to head Health and Human Services (HHS), a huge organization that encompasses an alphabet soup of agencies including the Food and Drug Administration (FDA), the National Institutes of Health (NIH), the Centers for Disease Control and
Jackie Doherty
Stock Market Rally Broadening As Economy Chugs Along
Fed officials may be cutting rates because they are worrying about the ominous “long and variable lags” of their monetary policy tightening from March 2022 through August 2024. But there are still no signs that those lags exist as the economy continues to chug along. It’s true that the Index
Ed Yardeni
To Infinity & Beyond: Artificial Intelligence, Semiconductors & Nvidia
In recent decades, the Digital Revolution has eclipsed the Industrial Revolution. Today, AI is a technology that has evolved from this relatively new revolution. AI simply represents another leap forward in data processing. During the 1950s through the 1970s, IBM mainframe computers processed data. The baton was passed to minicomputers
Ed Yardeni
Dr Ed’s Video Webcast 11/20/24
The US Constitution was designed to promote gridlock. But the benefits of gridlock are undermined by lawmakers’ spending freely because the Constitution lacks a balanced budget requirement. … Gridlock is good for investing, but the stock market tends to do well no matter who is in the White House. Trump’s
Ed Yardeni
An Earnings-Led Meltup For Stocks?
We are often asked if the current bull market in stocks has turned into a meltup that could soon be followed by a meltdown. That’s a risk we currently give a 25% subjective probability. Relatively high stock valuations are the main worry for many investors (chart). However, our bullish outlook
Ed Yardeni
Small, Medium, and Large Cap Stocks
The rally in the S&P 1500 has certainly broadened in recent weeks as the Fed started to cut the federal funds rate (FFR) by 50bps on September 18 and again on November 7 by 25bps. The S&P 400 MidCaps and S&P 600 SmallCaps have been rising in
Ed Yardeni
The Economic Week Ahead: November 18-22
The week ahead will provide important updates of housing and manufacturing indicators. The latter should show that economic growth may be broadening to include the goods sector, which has been relatively flat since the Fed started raising interest rates. Since the start of the bull market, we’ve been recommending overweighting
Ed Yardeni
