Reported 3 months ago
In a recent analysis, Ed Yardeni from Yardeni Research discusses the market's current state, highlighting a potential 'broadening meltup' as interest shifts from mega-cap stocks to smaller-cap companies. Despite concerns around trade restrictions with China, he believes the economy is stable and anticipates a 25-basis-point interest rate cut by the Federal Reserve. Yardeni emphasizes investment opportunities in technology, communication services, and industrials while cautioning investors regarding the sustainability of the small-cap rally.
Source: YAHOO