The S&P 500 forward P/E was higher in September 2020 than it is today. The index has nearly doubled since then. 🔒 Members-Only

The 2026 outlook points to earnings-driven gains and a resilient economy, but expect first-half volatility. AI competition, productivity trends, and bond yields are all in play. 🟢 Open

Start 2026 with clearer market insights. Our recent calls: ✓ No recession ✓ Disinflation trend ✓ Bull market since Oct 2022 ✓ Accurate S&P 500 targets for 2024–25 5–8 QuickTakes emails weekly. 75% off — just $7.25/month for two months. ➡️ quicktak.es/bsky-newyear

Baby Boomers are sitting on $80 trillion in net worth and spending it freely. The savings rate is heading toward zero and could turn negative by decade's end. 🔒 Members-Only

Emerging markets account for just 10.8% of global market cap while the US commands 64.4%. Production and exports tell a completely different story. 🔒 Members-Only

The base case for 2026 just jumped from 50% to 60% odds. The meltup scenario dropped to 20% because everyone started asking if AI is a bubble. 🔒 Members-Only

A Chinese optical chip just beat Nvidia's top GPU by 100x on speed and energy. Foreign buying of US stocks just hit a record high. Every contrarian indicator is pointing in a different direction. 🔒 Members-Only

Our 2026 outlook breaks down what's ahead for stocks, bonds, and gold. Key drivers, major trends, and what could shape each asset class in the year to come. 🟢 Open

Wall Street strategists see the S&P 500 hitting 7,555 by year-end 2026, up 9%. We're even more bullish at 7,700, though a first-half correction could test the rally. 🟢 Open

GDP jumped 4.3% while hours worked stayed flat and inflation sits at 3%. The Fed just cut rates by 75 basis points anyway. 🔒 Members-Only

Gold is up 69% year over year. It's lagging silver, platinum, and palladium. Industrial metals barely moved. 🔒 Members-Only

Holiday week brings key data: Q3 GDP expected at 3.5% and Consumer Confidence amid lingering fog from government shutdown. Investors watch for clarity as chaotic year ends. 🟢 Open

Analysts are projecting S&P 500 profit margins will jump from 13.3% to 15.4% over two years. That's far above the historical average during an expansion. 🔒 Members-Only

The Mag-7 kingdoms are battling for AI dominance, but the real winners might be the Impressive 493. Plus, what the Fed's Iron Throne transition means for markets. 🟢 Open

The government shutdown may have distorted November's CPI data. The Fed chair says BLS is overstating payroll jobs by 60,000 per month. 🔒 Members-Only

The Magnificent-7 doubled their market cap to $20 trillion in two years. Now their soaring profit margins are becoming their biggest problem. 🔒 Members-Only

The Magnificent 7 spent years respecting each other's monopolies. AI changed that. Now they're invading each other's territory and burning cash to keep up. 🔒 Members-Only

Why is the economy growing when job gains look weak? The answer lies in a force that could make or break 2026. Paid subscribers get the full story in today's QuickTakes. 🔒 Members-Only

Ed Yardeni calls the labor market "funky" on Squawk on the Street, discussing the latest jobs data and interest rates.

Crude oil is flirting with a critical threshold that could signal something bigger. The technical and fundamental setup is eerily reminiscent of two major market moments. Here's what we're watching. 🔒 Subscribers

Big week ahead with delayed data drops on jobs and inflation. Fed's Powell hints payrolls may have been overcounted by 60k per month since April. 🟢 Free

The Magnificent 7's monopolies may be cracking. What happens when the other 493 steal the spotlight? Our latest market call reveals the shift that could redefine 2026. 🔒 Subscribers

AI CALL: The TIME Curse & The Game of Thrones ——— Our latest Yardeni QuickTakes post was just sent to all paid members 🔐 Non-members can view a free preview here 👇

Fed Is ‘Well Positioned’ To Do Nothing For A While ——— Our latest Yardeni QuickTakes post was just sent to all paid members 🔐 Non-members can view a free preview here 👇

WEEKLY WEBCAST: 2026: Another Year Of Living Audaciously! ——— Our latest Yardeni QuickTakes post was just sent to all paid members 🔐 Non-members can view a free preview here 👇

On Walmart, Silver & Jobs ——— Our latest Yardeni QuickTakes post was just sent to all paid members 🔐 Non-members can view a free preview here 👇

Fed Easing Fails To Ease Bond Yields ——— Our latest Yardeni QuickTakes post was just sent to all paid members 🔐 Non-members can view a free preview here 👇

ECONOMIC WEEK AHEAD: December 8-12 ——— Our latest Yardeni QuickTakes post is now live and open to all readers 🟢 No login required 👇

MARKET CALL: Rebalancing Domestic & Global Stock Portfolios In 2026 ——— Our latest Yardeni QuickTakes post was just sent to all paid members 🔐 Non-members can view a free preview here 👇

CODE RED: Altman's Existential Crisis & Trump's Affordability Crisis ——— Our latest Yardeni QuickTakes post was just sent to all paid members 🔐 Non-members can view a free preview here 👇

Despite Confusing Stuff, S&P 500 Remains Near Record High ——— Our latest Yardeni QuickTakes post was just sent to all paid members 🔐 Non-members can view a free preview here 👇

More Thoughts On Bitcoin, Stablecoin & Gold ——— Our latest Yardeni QuickTakes post was just sent to all paid members 🔐 Non-members can view a free preview here 👇

DEEP DIVE: The Affordability Crisis ——— Our latest Yardeni QuickTakes post was just sent to all paid members 🔐 Non-members can view a free preview here 👇

ECONOMIC WEEK AHEAD: December 1-5 ——— Our latest Yardeni QuickTakes post is now live and open to all readers 🟢 No login required 👇

MARKET CALL: Santa's Rally ——— Our latest Yardeni QuickTakes post was just sent to all paid members 🔐 Non-members can view a free preview here 👇

Cornucopia of Data ——— Our latest Yardeni QuickTakes post was just sent to all paid members 🔐 Non-members can view a free preview here 👇

WEEKLY WEBCAST: 2026 Is Coming! ——— Our latest Yardeni QuickTakes post was just sent to all paid members 🔐 Non-members can view a free preview here 👇

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Joy Ride ——— Our latest Yardeni QuickTakes post was just sent to all paid members 🔐 Non-members can view a free preview here 👇

ECONOMIC WEEK AHEAD: November 24-28 ——— Our latest Yardeni QuickTakes post is now live and open to all readers 🟢 No login required 👇

MARKET CALL: Time To Meditate ——— Our latest Yardeni QuickTakes post is now live and open to all readers 🟢 No login required 👇

To Bail Or Not To Bail? ——— Our latest Yardeni QuickTakes post was just sent to all paid members 🔐 Non-members can view a free preview here 👇

Data-Dependent ——— Our latest Yardeni QuickTakes post was just sent to all paid members 🔐 Non-members can view a free preview here 👇

WEEKLY WEBCAST: All About Earnings ——— Our latest Yardeni QuickTakes post was just sent to all paid members 🔐 Non-members can view a free preview here 👇

The AI-Led Pullback: Recalibrating The Odds Of Three Scenarios ——— Our latest Yardeni QuickTakes post was just sent to all paid members 🔐 Non-members can view a free preview here 👇

DEEP DIVE: The Debate About the Quality of AI Earnings ——— Our latest Yardeni QuickTakes post was just sent to all paid members 🔐 Non-members can view a free preview here 👇

ECONOMIC WEEK AHEAD: November 17-21 ——— Our latest Yardeni QuickTakes post is now live and open to all readers 🟢 No login required 👇

MARKET CALL: The Federal Open Mouth Committee ——— Our latest Yardeni QuickTakes post was just sent to all paid members 🔐 Non-members can view a free preview here 👇

DEEP DIVE: Quantum Leaps For Quantum Computing? ——— Our latest Yardeni QuickTakes post is now live and open to all readers 🟢 No login required 👇

DEEP DIVE: AI's Low-Tech Problem ——— Our latest Yardeni QuickTakes post is now live and open to all readers 🟢 No login required 👇