The Bull Market Could Run Another 20% Higher, According to Market Strategist Ed Yardeni
We're nearly seven months through the year, and so far it isn't really turning out the way many economists and analysts predicted. The broader benchmark S 500 is up nearly 19% so far, and the tech-heavy Nasdaq Composite is up roughly 37%. And this run transpired while many forecast persistent high inflation and/or some kind of hard landing for the economy. Even now, many claim the market is due for a big pullback.
Longtime market strategist Ed Yardeni, founder of Yardeni Research, isn't in that group. He said he believes the good times can keep rolling and potentially lift the S 500 by as much as another 20% from current levels by the end of 2024. Here's why he's being so bullish.
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Source Fool.com
