Ed Yardeni

DESPITE HIGHER INFLATION AND INTEREST RATES ED YARDENI MAKES THE BULLISH CASE

Yankee legend Yogi Berra famously said, “It’s deja vu all over again,” one of his many memorable expressions. That’s the way I feel this week.  

The “deja vu all over again” is the theme of “Don’t fight the Fed.” The Federal Reserve’s recent pivot from inflation promoter to inflation fighter puts that adage front and center in the current debate between the bulls and the bears.