Heeee’s back. I’m rolling on the floor listening to him quote Twain about history not repeating but rhyming, the irony. Yardeni was Uber bullish in 1999 just prior to the 3 year bear market. Thanks to TH-cam we can go go back in time and look a much younger and bullish Yardeni at the market top. Oh, he was saying the same thing in early 2022 while the market was on it’s way to a 20% drop. Look at his CNBC interviews from 2021/22. Please be cautious.
And 1999 was a bull market with no meaningful decline until September 2000. He literally has a video in January 2022 calling market bubbles, a hawkish Fed, and predicts inflation peaking in summer 2022
If you must choose one analyst to listen to regarding the market and economy, focus on Ed Yardeni. I first met Yardeni in Houston 1981 at breakfast. He said rates were going much higher and to sell all your real estate. It was a great call and I have followed his advice since. One other comment to make regarding his presentation on technology and AI. I recently had a conversation with a friend of mine who is a musician, four-time Grammy nominated. I sent him a link to a piece of music for his input. In response he agrees the music is great but was produced with one cello and one violin. The orchestral portion was totally electronically generated. My point, productivity will grow as technology grows, but the human element in much of the arts which we enjoy will be diminished.
Enjoy? If the human element in the arts declines, I am skeptical of its enjoyment since art is the reflection of the life experience. Making AI's note a bit flat.
That's good for the economy. Keep in mind more and more of the economy belongs to fewer and fewer owners. So many of the sob stories you hear are from the plebs.
Granted..Ed's a lot smarter than I am..but I think our ballooning budget-deficit could become an "elephant-in-the-room", much sooner than some believe. Just look at what GOLD has done, in the last couple of weeks!
One thing I’ll absolutely with is inflation. It is NOT coming down. All the has happened is based on the Fed calculation it has slowed in gain - inflation is still in play. Secondly, I would disagree that for “ Joe Six Pack” it is coming down at all. My experience buying groceries is it continues to increase greater than the Fed is reporting. Along with groceries, gas is increasing again. Finally, energy costs continue to increase every year at greater than 7-8%.
its not a roaring 20s it makes a great story tho for a youtuber doesnt it ... its catchy like 1920s... but did we forget the 2010s was a historically successful time? keep that in mind and the money supply is falling at a rate we havent seen since leading up the the great depression he also thinks a depression is 6+ years away like 1920s if its coming its here before 2026 maybe this year
History rhymes doesnt repeat did anyone forget 2010s was our roaring 1920s? if there is a crash its soon 1-3 years max not 6 years. And what am i typing people are hurting already 10s of millions of americans already see there homes drop 20% in value since 2022..
Odd how guys like this AND John Hussman can both exist in the same world. One of these two people are massively wrong, yet both are respected and analytical. Basically, you can't believe anything you hear.
there talking about a roaring 2020s it makes a great story from the 1920s ... but 2010s was our prosperous time it was the age of easy money. Your seeing things change already the only way it could be a roaring 2020s is if we print more money and x2 what we did in 2020 people are losing value on there homes. Alot of people dont know that 10s of million have lost 30,000- 150,000 on there home value just since 2022 and theres other things
Consuelo you and your program are the gift that keep giving, Thank you!!
Ed Yardeni is the voice of reason, and spot-on!
Heeee’s back. I’m rolling on the floor listening to him quote Twain about history not repeating but rhyming, the irony. Yardeni was Uber bullish in 1999 just prior to the 3 year bear market. Thanks to TH-cam we can go go back in time and look a much younger and bullish Yardeni at the market top. Oh, he was saying the same thing in early 2022 while the market was on it’s way to a 20% drop. Look at his CNBC interviews from 2021/22. Please be cautious.
No kidding. Although, is there any repuercussion for being incorrect years ago if it's not your money on the line?
And 1999 was a bull market with no meaningful decline until September 2000. He literally has a video in January 2022 calling market bubbles, a hawkish Fed, and predicts inflation peaking in summer 2022
Thank you , Consuelo. I have been watching Wealthtrack for many years. Love to see Ed Yardeni on your show.
This is by far my number one go to channel. Number two is way down!!! Your guests are the best, non-agenda, opinions.
Thank you Consuelo for another great interview.
Ed is one of the select few Economists who seems to stay on the right side of the equity markets. Definitely worth listening to...
If you must choose one analyst to listen to regarding the market and economy, focus on Ed Yardeni. I first met Yardeni in Houston 1981 at breakfast. He said rates were going much higher and to sell all your real estate. It was a great call and I have followed his advice since. One other comment to make regarding his presentation on technology and AI. I recently had a conversation with a friend of mine who is a musician, four-time Grammy nominated. I sent him a link to a piece of music for his input. In response he agrees the music is great but was produced with one cello and one violin. The orchestral portion was totally electronically generated. My point, productivity will grow as technology grows, but the human element in much of the arts which we enjoy will be diminished.
Enjoy? If the human element in the arts declines, I am skeptical of its enjoyment since art is the reflection of the life experience. Making AI's note a bit flat.
Apple and Tesla stocks both have broken below last Oct lows...only Mag 5 left to prop the market. NVDA and semis may be popping soon.
Consumers still spending, consumer debt escalating 😢
That's good for the economy. Keep in mind more and more of the economy belongs to fewer and fewer owners. So many of the sob stories you hear are from the plebs.
Thank you for this ! Love her ❤❤❤
Fantastic interview!
why is subtitle feature blocked?
Great man, Ed Yardeni. The very best of America - not just business but America.
Every bear predicted the worst. Meanwhile the market's at 5150....Ed has been spot on.
Granted..Ed's a lot smarter than I am..but I think our ballooning budget-deficit could become an "elephant-in-the-room", much sooner than some believe. Just look at what GOLD has done, in the last couple of weeks!
One thing I’ll absolutely with is inflation. It is NOT coming down. All the has happened is based on the Fed calculation it has slowed in gain - inflation is still in play.
Secondly, I would disagree that for “ Joe Six Pack” it is coming down at all. My experience buying groceries is it continues to increase greater than the Fed is reporting. Along with groceries, gas is increasing again. Finally, energy costs continue to increase every year at greater than 7-8%.
Excellent ❤
Grazie tanto!
Roaring 20's, eh? So, massive inflation and much higher interest rates ahead. Got it.
its not a roaring 20s it makes a great story tho for a youtuber doesnt it ... its catchy like 1920s... but did we forget the 2010s was a historically successful time? keep that in mind and the money supply is falling at a rate we havent seen since leading up the the great depression he also thinks a depression is 6+ years away like 1920s if its coming its here before 2026 maybe this year
Ed could use an anti-reflective coat on his eyeglass lenses.
Everything about the man says "thrift" and we can all learn from that
Did Ed and Consuelo consult on their outfits in advance?
Nvda to the moon! GPU is the new oil!
How are full time jobs doing?
A great rah rah for the top 10% .
It's not just the top 10% who have stock holdings. Anyone with a 401K or IRA, of ANY income level, likely has equities holdings within them.
Inflation has not come down… it slowed its rise. Ugh… I can’t watch this if it starts this way.
History rhymes doesnt repeat did anyone forget 2010s was our roaring 1920s? if there is a crash its soon 1-3 years max not 6 years. And what am i typing people are hurting already 10s of millions of americans already see there homes drop 20% in value since 2022..
Recession is here . The market is in bubble territory. Check in with me in 10 months
Odd how guys like this AND John Hussman can both exist in the same world. One of these two people are massively wrong, yet both are respected and analytical. Basically, you can't believe anything you hear.
there talking about a roaring 2020s it makes a great story from the 1920s ... but 2010s was our prosperous time it was the age of easy money. Your seeing things change already the only way it could be a roaring 2020s is if we print more money and x2 what we did in 2020 people are losing value on there homes. Alot of people dont know that 10s of million have lost 30,000- 150,000 on there home value just since 2022 and theres other things
What if Inflations starts to rise again? Watch some Milton Friedman, government deficits have consequences.
🥜 😂
Very misleading