In Predicting the Markets, Edward Yardeni, Wall Street’s legendary economist and investment strategist, shares his insights and lessons learned forecasting the economy and financial markets over the past 40 years.Ed Yardeni takes readers on a fascinating journey retracing the economic and financial ups and downs from the late 1970s through today. Along the way, he mines the lessons of the past for insights that inform how to be thinking about the future.“Dr. Ed” was among the first Wall Street prognosticators to see the bullish consequences of disinflation and globalization for stocks and bonds during the 1980s and 1990s. He was the first economist on Wall Street to recognize the importance of Baby Boom demographic trends. In 1993, he started writing about the “High-Tech Revolution in the US of @”—presaging the enormous impact that technological advances would have on life today. After China joined the...
The target audience for this book includes individual investors, professional money managers, investment advisors, financial analysts, business executives, and small business owners. It is also suitable for students of economics, finance, accounting, and business, as well as academics seeking real-world analysis to enhance their understanding of economics and finance.
The book was written in 2018, reflecting on the economic and financial events from the late 1970s to the present day. This period encompasses significant shifts in economic policy, technological advancements, and globalization trends. The historical context includes the inflationary period of the 1970s, the Reaganomics era, the dot-com bubble, the 2008 financial crisis, and the subsequent recovery. The book provides insights into how these events have shaped the economy and financial markets.
