Even though Yardeni believes the U.S. remains in a long-term bull market, he wants to be prepared for all potential scenarios.
One of his plunge protection solutions: Target less volatile regions with fewer virus cases — particularly China, Japan and Europe. "Those markets are a heck of a lot cheaper than ours when you look at forward P/Es [price to earnings]," he added. "It may be time to start looking overseas to see if there are better values with solid growth stories."
Yardeni also warns the November presidential election could deliver a jolt of volatility to the market, and his clients are asking more questions about what happens if Joe Biden wins and the Democrats sweep the government. "There is concern that such a radical change in policy making — particularly with more government spending on more government programs including regulation... could be a negative for the stock market," Yardeni said. "I'm thinking about that as well, but I think it's a little early for us to be concerned it's going to be reflected in the market."
TradingNation Biden victory will spark 40 to 50 per cent decline
TradingNation Always do the opposite of what mainstream media is trying to sell you!!!
TradingNation How many trillions is that? you are telling me FED cannot print the equivalent amount?
TradingNation Jail this traitor!
TradingNation Yes 30% drop coming August to September October
TradingNation Has he shorted
TradingNation Inflation is certainly rearing it’s head in equities. Will inflation in the economy catch up to stocks? Or, will stocks correct to reflect the realities of the economy? Inflation in houses now reflecting low interest rates + 2 many dollars chasing 2 few houses. elerianm
TradingNation So listen to the guy that changed his fundamental thesis entirely haha. All of the things he’s been saying haven’t changed in months.
TradingNation fantastic, that would make us all rich if we held long dated $SPY puts - Ed, please ring the bell during the first leg down of the 20-30% meltdown
TradingNation Fake news
TradingNation Simply a guess.
TradingNation He requests the socialism for the rich.
Lol, STFU CNBC
TradingNation
TradingNation Yes. But the vaccine 'talks' are going really well.
TradingNation Forgot to add in a Biden victory and a democratic senate to add to the market meltdown.
TradingNation Prediction: herd immunity in California by September 4.
TradingNation Arizona has a decrease of 44% of new cases since 7/4. We are on the downside of peak. Our cases spiked from border cities Yuma and Nogales.
TradingNation The virus has been surging for 4 months.
TradingNation My god. Most of these responses are beyond scary. Pain is coming folks.......
TradingNation How much more can the virus 'surge'? Seems like it already has.
TradingNation High valuations alone should cause that pullback. Market is overpriced due to fed liquidity
TradingNation The Fed is poised to buy stocks, how does that factor into any market meltdown? And doesn't it kill off small stocks while also providing yuge vulture opportunities?
TradingNation Good, some short term buying opportunities.
TradingNation What does Ed call surge? 10,000/day?
TradingNation Another day, another person trying to manipulate the market.
TradingNation Another old timers who cashed out at lows and missed the run up.
TradingNation Just means more stimulus