10 Roaring Reasons To Remain Optimistic

Ed Yardeni presents a bullish outlook on the US economy, driven by the "roaring 2020s" scenario, anticipating real GDP growth between 3.5% and 4.5% for 2026. He cites ten reasons for optimism, including consumer tax refunds, the wealth effect from retiring baby boomers, and the ongoing technology boom fueled by AI. Yardeni also highlights the impact of onshoring, the digital revolution, fiscal and monetary stimulus, and a pro-energy administration. He assigns a 60% probability to this optimistic scenario, with 20% for a potential melt-up and 20% for a recession. In the Q&A segment, Yardeni addresses concerns about de-dollarization, dismissing it as overhyped, and expresses confidence in NVIDIA's upcoming earnings report.