Ed Yardeni Makes a Case for Bullishness

Edward Yardeni is an economist, a market strategist and president of investment research firm Yardeni Research. His new book, Predicting the Markets: A Professional Autobiography, shares the lessons he has learned over 40 years as a market prognosticator.

Where do you see the U.S. stock market headed for the rest of 2018? My target for Standard & Poor's 500-stock index is currently 3100, about a 14% increase from here. The market has been spinning its wheels, going nowhere, since the end of last year. There has been a lot of