Ed Yardeni Lowers Year-End S&P 500 Target to 7,900
Why now
Thesis: Yardeni cuts S&P target on geopolitics and oil.
Catalyst to watch: Higher-for-longer oil and geopolitical risk.
Main risk: Lower expected equity returns.
Why it matters
Yardeni cuts his S&P target on geopolitics and higher-for-longer oil, signaling lower expected equity returns.
Details
Edward Yardeni, president at Yardeni Research, points to geopolitical developments and higher-for-longer oil prices, among other factors, that led him to lower his year-end target for the S&P 500. He says his previous target of 8,400 is more likely to be reached by the middle of next year. --------
Sources
- youtube · 2026-09-17 13:41 UTC