Yardeni Research

Unlock your financial potential. Gain a competitive edge with clear analysis and expert commentary on the economic indicators that drive the market.

[Yardeni Research @yardeni]

Start 2026 with clearer market insights.

Our recent calls:
✓ No recession
✓ Disinflation trend
✓ Bull market since Oct 2022
✓ Accurate S&P 500 targets for 2024–25

5–8 QuickTakes emails weekly.
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➡️ https://t.co/DwJxvD8JYs

[Yardeni Research @yardeni]

The S&P 500 keeps hitting new highs in forward revenues and earnings, yet the index itself has been stuck at 7,500 for two months.

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https://t.co/VYVrL1Nntv

[Yardeni Research @yardeni]

Light data week ahead, but earnings season heats up with Alphabet, Tesla, and IBM reporting. Middle East tensions keep oil elevated while Fed stays silent in blackout period.

🟢 Open
https://t.co/lyocAneVYH

[Yardeni Research @yardeni]

Yardeni Research Chart of the Day (July 17, 2026)

No wage-price spiral this time. Unit labor cost inflation has cooled to 0.5% y/y as of Q1-2026, a stark contrast to the previous inflation episode. Productivity growth deserves much of the credit. How durable is this trend?

[Yardeni Research @yardeni]

The AI boom presents a paradox: driving inflation today through rapid infrastructure buildout, yet promising disinflationary productivity growth once adoption spreads widely.

🟢 Open
https://t.co/jzCKy6fMs5

[Yardeni Research @yardeni]

Consumers keep spending at record levels despite low savings, flat real income, rising debt, and affordability warnings that should have forced a pullback months ago.

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https://t.co/f8rbT1rqi5

[Yardeni Research @yardeni]

Yardeni Research Chart of the Day (July 16, 2026)

A record $903.8B in US equities bought by foreign investors over the past year. That would be bullish news, except they have a pattern of peaking at exactly the wrong time. Are we near a top?

[Yardeni Research @yardeni]

Yardeni Research Chart of the Day (July 16, 2026)

June PPI and CPI both came in cooler than expected, easing inflation fears. Fed funds futures have shifted to pricing in one rate hike over the next 12 months, not two. Does this change your Fed outlook?

[Yardeni Research @yardeni]

Yardeni Research Chart of the Day (July 16, 2026)

Oil at $85 looks calm on the surface, but the math gets complicated fast. Rerouted exports and soft Chinese demand explain the subdued price. What happens if the conflict drags into winter when inventories are already depleted?

[Yardeni Research @yardeni]

Brent crude holding at $85 despite renewed Iran attacks and active US-Iran conflict. Markets pricing in containment while inventories head into winter depleted.

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https://t.co/YC9EKF7vpV

[Yardeni Research @yardeni]

June's CPI fell for the first time in six years and core inflation is nearly at target, yet the Fed chair is warning against declaring mission accomplished.

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https://t.co/XmP44vTcub

[Yardeni Research @yardeni]

The US just declared itself guardian of the Hormuz Strait and announced a 20% fee on all cargo passing through. The Fed is now pricing in rate hikes.

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https://t.co/oghMUMjK7C

[Yardeni Research @yardeni]

Analysts expect 21.6% earnings growth this quarter. The problem isn't whether companies can deliver—it's whether merely delivering will be enough.

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https://t.co/iyKqlBALrZ

[Yardeni Research @yardeni]

Markets climbed despite Mideast tensions spiking oil prices. This week brings a deluge: big bank earnings, new Fed Chair Warsh's first testimony, and key inflation data.

🟢 Open
https://t.co/6x9Fr3kEun

[Yardeni Research @yardeni]

June's jobs report wasn't weak, just misunderstood. A Memorial Day timing quirk skewed the numbers, but the underlying labor market remains resilient with demand still exceeding supply.

🟢 Open
https://t.co/fF2agDlYg7

[Yardeni Research @yardeni]

Ed Yardeni on Closing Bell discussing the forces behind today's market momentum.

[Yardeni Research @yardeni]

The Fed just confirmed its hawkish pivot, yet the S&P 500 keeps hovering around 7,500 with investors showing neither bullish nor bearish conviction.

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https://t.co/seCepWVEBt

[Yardeni Research @yardeni]

Yardeni Research Chart of the Day (July 8, 2026)

We view the recent weakness in semiconductor stocks as a buying opportunity. Their meltup over the past three years has been well supported by their earnings (chart). The S&P 500 Semiconductor industry's forward P/E was 17.4 yesterday.

[Yardeni Research @yardeni]

History shows geopolitical crises often create buying opportunities for stocks. With the Iran ceasefire ending abruptly, we think this presents another chance for investors.

🟢 Open
https://t.co/BHlE6xpHK2

[Yardeni Research @yardeni]

The US economy is importing so much AI hardware that it's making GDP look weak, even as consumers spend at the fastest pace since 2022.

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https://t.co/HA0W38hvvD

[Yardeni Research @yardeni]

Banks might beat earnings by cutting bad-loan reserves while tech stocks face estimates that may already be too high to clear.

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https://t.co/d3lcc6Zz9Q