Interview recorded - 21st of August, 2024

On this episode of the WTFinance podcast I had the pleasure of welcoming on Ed Yardeni. Dr Ed is the President of Yardeni Research.

During our conversation we spoke about his thoughts on the economy, potential for it being a new roaring twenties, productivity, normalisation of growth, interest rate decisions, impacts on markets and more. I hope you enjoy!

0:00 - Introduction
1:40 - Thoughts on global economy?
4:40 - Why rolling recessions?
11:04 - Employment data revision?
13:08 - Illegal migration impact?
15:05 - Normalisation of growth?
17:16 - Interest Rates & Monetary policy
22:38 - FED for a day?
27:08 - Higher interest rates on deficit?
30:26 - 90’s soft landing again?
32:07 - What will the FED do?
34:05 - Which industries will perform well?
38:11 - One message to takeaway from conversation?

Dr. Ed Yardeni is the President of Yardeni Research, Inc., a provider of global investment strategies and asset-allocation analyses and recommendations. He previously served as Chief Investment Strategist of Oak Associates, Prudential Equity Group, and Deutsche Bank’s US equities division in New York City. He was also the Chief Economist of CJ Lawrence, Prudential-Bache Securities, and EF Hutton. He taught at Columbia University’s Graduate School of Business and was an economist
with the Federal Reserve Bank of New York. He also held positions at the Federal Reserve Board of Governors and the US Treasury Department in Washington, D.C.

Dr. Ed earned his PhD in economics from Yale University in 1976, having
completed his doctoral dissertation under Nobel Laureate James Tobin. Previously, he received a master’s degree in international relations from Yale. He completed his undergraduate studies magna cum laude at Cornell University.

Dr. Ed is frequently quoted in the financial press, including The Wall Street
Journal, the Financial Times, The New York Times, The Washington Post, and Barron’s. He was dubbed “Wall Street Seer” in a Barron’s cover story. He appears frequently on CNBC, Bloomberg Television, and Fox Business. See Dr. Ed’s market calls as reported in the financial press.

Dr Ed Yardeni:

Website - https://yardeni.com/
Twitter - https://x.com/yardeni
Quicktakes - https://www.yardeniquicktakes.com/
YouTube -  @YardeniResearch

WTFinance -

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iTunes -https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4
LinkedIn - https://www.linkedin.com/in/anthony-fatseas-761066103/
Twitter - https://twitter.com/AnthonyFatseas