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Fortune
Fortune
Will Daniel

Ed Yardeni says stocks are set to soar 30% over the next two years as his 'roaring 2020s scenario' plays out

Ed Yardeni Inflation Jerome Powell Santa Claus Interest Rates US Federal Reserve
(Credit: Christopher Goodney—Bloomberg/Getty Images)

Ed Yardeni believes inflation is fading, the Federal Reserve is done raising interest rates, and, with AI advancing at a breakneck pace, stocks are set to soar. By 2025, the famed market watcher and founder of Yardeni Research sees the S&P 500 jumping nearly 30% to 6,000. 

“Christmas is in two weeks. This year's Santa Claus rally started early… Will it last through Christmas? Will the rally continue through the end of this year, and maybe through the end of 2024 or even 2025?” he quipped in a Sunday note. “We think so.”

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