Yardeni Says He Hasn't Been Bullish Enough on Earnings

Ed Yardeni, president of Yardeni Research, raised his year-end forecast for the S&P 500 to 8,400 from 8,250, citing earnings growth as a driver of market gains. Yardeni attributed the upward revision to the strength of corporate earnings performance. He discussed the artificial intelligence trade during an appearance on Bloomberg Surveillance.

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