Yardeni Revises S&P 500 Target | Durham News
Ed Yardeni just slashed his S&P 500 forecast from 8,400 by year-end to 7,900 by mid-2027, citing the Fed’s surprise rate hike and stubborn inflation. With bond yields climbing and stocks looking less attractive, the market braces for more volatility as the central bank tightens policy amid rising energy costs and supply chain woes.
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This is an automated, high-level news summary based on public reporting.
Sources:
https://www.heraldsun.com/news/business/article317270518.html#storylink=partnerdigest_the
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