Ed Yardeni of Yardeni Research has been one of the most bullish forecasters of economies and markets over the past year. But even he is getting anxious. The S&P 500 is barely 5% away from his year-end target of 5,400, one of the most optimistic around. He notes a loss of momentum in recent weeks as expectations for interest-rate cuts have been pushed back, but no signs of trouble in the
It’s time to take some profits
Mar 28, 2024
2 minutes
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