Keynote Presentations
Fri., Oct. 18, 9:30 AM - 9:55 AM EDT
Friday
The Global Economic & Financial Outlook: Will the 2020s Reprise the 1920s, 1970s, or the 1990s?
Dr. Ed Yardeni will discuss the similarities and differences between the current decade and previous ones. He will explain why he assigns a 60% probability to a productivity-led boom like the 1920s, 20% to a scenario similar to the Great Inflation of the 1970s, and 20% to a meltup like the one experienced during the late 1990s. He will also discuss why economists have been too pessimistic about the US economic outlook and not pessimistic enough about China’s economy. He will explain why he remains bullish with his S&P 500 targets of 6,000 in 2025 and 8,000 in 2030. Along the way, Dr. Ed will balance his optimistic outlook with a discussion of widespread concerns about US government deficits and the unsettling geopolitical environment.
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