11-19-24 Yardini & The Long History of Prediction Problems

WalMart reports it's close to profitability; expect some market chop this week; NVIDIA reports Wednesday evening, and markets will respond on Thursday. A look at the performance of the Top Ten Stocks: Everyone wants to be in on the US Markets. Markets on Tuesday dropped to bounce off the 20-DMA, and continue to run along the ever-rising trend line. Expect some volatility ahead of next month's Fed meeting and anticipated 25-bp rate cut. Watch out for a shift in language to a more dovish stance. Economist Ed Yardeni believes markets' upward momentum will continue, and has revised his long-term forecast to project that the S&P 500 will reach 10,000 by 2029. Lance and Jonathan discuss these aspects, as well as markets' "animal spirits" and consumer confidence. Borrowing from the future: Markets are outpacing what the economy can produce; rising wages vs corporate profits are incongruent; the effects of decreasing government spending and tariffs; why ebullient predictions always fail. Lance explores a new IG channel for his wife; hilarity ensues. What should you ask and expect from a financial advisor? Lance & Jon discuss the work that we do. SEG-1: Everyone Wants In the US Markets SEG-2 New Website & Yardini Rebuttal SEG-3a: Stupid Things & Watching Tyspn SEG-3b: Borrowing From the Future & Problem w Predictions SEG-4a: The Baked Baker SEG-4b: Expectations for Your Financial Advisor Hosted by RIA Advisors Chief Investment Strategist Lance Roberts, CIO Produced by Brent Clanton, Executive Producer ------- Watch today's show video here: https://www.youtube.com/watch?v=3srkduy24uM&list=PLVT8LcWPeAuhi47sn298HrsWYwmg8MV7d&index=1 ------- Articles mentioned in this report: "Yardeni And The Long History Of Prediction Problems" https://realinvestmentadvice.com/resources/blog/yardeni-and-the-long-history-of-prediction-problems/ "Trump Trade” Sends Investors Into Overdrive" https://realinvestmentadvice.com/resources/newsletter/ ------- The latest installment of our new feature, Before the Bell, "Will the Doves Return to the Fed?" is here: https://www.youtube.com/watch?v=1ZBtzLJWhGg&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Our previous show is here: ""Trump Trade" Sends Investors Into Overdrive" https://www.youtube.com/watch?v=0CvFZe_0Yf4&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=2754s ------- Get more info & commentary: https://realinvestmentadvice.com/newsletter/ -------- SUBSCRIBE to The Real Investment Show here: http://www.youtube.com/c/TheRealInvestmentShow -------- Visit our Site: https://www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to SimpleVisor: https://www.simplevisor.com/register-new -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #EdYardeni #MarketPredictions #InvestmentForecasts #FinancialTalks #EconomicOutlook #TrumpTrade #InvestorSentiment #MarketImpact #EconomicPolicy #StockMarketNews#StockMarketTrends #EconomicOutlook #FederalReserve #InterestRates #YieldCurve #OperationTwist #JeromePowell #NFIBconfidenceIndex #TrumpWins #ElectionResults2024 #MarketReaction #InvestmentStrategy #PolicyImpact #ElectionDay2024 #MarketVolatility #ElectionInvesting #PortfolioProtection #FinancialTrends #InvestmentStrategy #ElectionImpact #InterestRates #TexasAM #TheWarehouse #ChristmasDecorations #AggieSanta #InvestingAdvice #Money #Investing