If so, it could only help stocks, which rise with cash flows, as we saw in the go-go 1990s. You can't have go-go without flow-flow, ... It's always easy money that creates the speculative excesses in global booms.
More Quotes from Edward Yardeni:
In the last year, I thought we'd get to 7,600, which looked like a pretty far-fetched forecast back then. Now I think we can get to 8,500 by year end. I think there is still potential for the market to move a lot.Edward Yardeni
Their systems could be so disrupted that they can't go on with business. They can't export, they can't import. It's hard to place a phone call into Brazil. It's hard to get the parts from Taiwan. All that could add up to a global recession that could still impact our economy.
Edward Yardeni
I see a new merger deal announced every day, and MA is one of the most profitable areas for investment banks.
Edward Yardeni
While the overall ABCMoney index lacks momentum, the electoral picture is turning more favorable for President Bush.
Edward Yardeni
We have two surprises in our economy better-than-expected growth and lower-than-expected inflation, and the growth is based on productivity, ... People are working harder. They're generating more products efficiently at lower prices.
Edward Yardeni
Forward earnings for small company stocks rose faster than bigger company ones last year, as they have for the past four years.
Edward Yardeni
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