Prepare for a Stock Market Surge Driven by FOMO: Yardeni – Vanguard S&P 500 ETF
Potential Fed Rate Cut and Market Implications The Federal Reserve may consider lowering interest rates in September, which could further energize the already enthusiastic US stock market. This idea is driven by fears of missing out—what’s often called FOMO—rather than grounded fundamentals. Ed Yardeni, president of Yardeni Research, commented that the economy appears “too resilient” […]