Ed Yardeni is strongly bullish, coining the term 'FEMO' (Fabulous Earnings Momentum) to describe the market. He argues this is not a bubble driven by hype but by strong fundamentals. He believes the 'Roaring 2020s' scenario is intact, with productivity growth potentially reaching 3-4%, offsetting wage inflation. He sees the current oil spike as annoying but not leading to a wage-price spiral, and expects a deal with Iran to eventually be reached.
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Metals
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Yardeni Research
4.8
Financial Media
Ed Yardeni 8.5
Financial Media
Ed Yardeni 8.5
5/27/2026 5:53:40 PM
ndx
We get to 10,000 on the S&P 500 by the end of the decade.
| 3/9/2026 9:00:51 AM | short term down | 6 days later | -1.21% | +1.21% |
| 1/2/2026 9:36:55 PM | short term cautious down | 7 days later | +1.52% | -0.76% |
| 12/12/2025 10:13:25 PM | short term cautious down | 7 days later | +1.57% | -0.79% |
| 12/8/2025 10:28:17 AM | medium term cautious down | 20 days later | -0.56% | +0.28% |
| 11/12/2025 9:22:53 AM | short term up | 5 days later | -1.96% | -1.96% |
| 11/10/2025 1:58:05 PM | short term up | 6 days later | -2.87% | -2.87% |
| 10/27/2025 1:01:15 PM | short term up | 6 days later | -0.15% | -0.15% |
| 9/19/2025 1:42:29 AM | short term sharp up | 7 days later | -0.60% | -0.91% |
| 9/11/2025 10:44:08 PM | medium term sharp up | 20 days later | +3.32% | +4.98% |
| 9/9/2025 5:01:26 PM | medium term up | 20 days later | +3.48% | +3.48% |
| 8/25/2025 2:53:09 PM | medium term up | 20 days later | +3.27% | +3.27% |
rut
His 'Roaring 2020s' thesis and belief in a broadening economy implies a positive long-term outlook for small caps (RUT).
wti
He expects a deal with Iran to be reached, which would alleviate supply constraints and likely bring oil prices down from current elevated levels.
| 4/13/2026 1:50:50 PM | short term up | 6 days later | -1.83% | -1.83% |
| 3/18/2026 6:56:53 PM | short term up | 5 days later | -3.94% | -3.94% |
| 3/9/2026 9:00:51 AM | short term sharp up | 6 days later | +12.04% | +18.06% |
yields
He expects productivity gains to offset inflation, suggesting the Fed can remain on hold, leading to a stable yield environment.
| 5/12/2026 4:35:40 PM | short term cautious up | 5 days later | +3.17% | +1.58% |
| 4/14/2026 6:13:54 AM | medium term cautious up | 20 days later | +3.13% | +1.56% |
| 3/9/2026 9:00:51 AM | short term up | 6 days later | +2.03% | +2.03% |
| 12/23/2025 11:20:27 PM | medium term up | 20 days later | +0.85% | +0.85% |
| 12/8/2025 2:52:48 PM | short term up | 6 days later | -0.10% | -0.10% |
| 12/8/2025 10:28:17 AM | short term up | 6 days later | -0.10% | -0.10% |
| 11/12/2025 11:46:28 AM | medium term cautious down | 20 days later | -1.34% | +0.67% |
| 10/27/2025 1:01:15 PM | medium term cautious down | 20 days later | +3.77% | -1.88% |
