2019 CFA Society North Carolina Outlook Dinner: Predicting the Markets in Trump World
Special Guest Speaker: Dr. Ed Yardeni
Predicting the Markets in Trump World
President Donald Trump’s policies have been both bullish and bearish for stocks. His deregulation moves and tax cuts have been good for earnings. His “America First” protectionism has increased the risks of a trade war, which would be bearish for stocks. Dr. Ed Yardeni will discuss some insights from his 40 years as an eminent Wall Street prognosticator to predicting how this tug of war between Trump’s bullish and bearish policies will play out.
Dr. Ed Yardeni is the President of Yardeni Research, Inc., a provider of global investment strategy and asset allocation analyses and recommendations. He previously served as Chief Investment Strategist of Oak Associates, Prudential Equity Group, and Deutsche Bank’s US equities division in New York City. He was also the Chief Economist of CJ Lawrence, Prudential-Bache Securities, and EF Hutton. He taught at Columbia University’s Graduate School of Business and was an economist with the Federal Reserve Bank of New York. He also held positions at the Federal Reserve Board of Governors and the US Treasury Department in Washington, D.C. Dr. Ed earned his PhD in economics from Yale University in 1976, having completed his doctoral dissertation under Nobel Laureate James Tobin. Previously, he received a master’s degree in international relations from Yale. He completed his undergraduate studies magna cum laude at Cornell University. Dr. Ed is frequently quoted in the financial press, including The Wall Street Journal, the Financial Times, The New York Times, and Barron's. He was dubbed Wall Street Seer in a Barron's cover story. He appears frequently on CNBC and Bloomberg Television. See Dr. Ed’s Media Center. In 2018, Dr. Ed published Predicting the Markets: A Professional Autobiography. In this book, he shares his unique insights into predicting the trends and cycles in the domestic and global economies and financial markets—including stocks, bonds, commodities, and currencies—based on the first 40 years of his career on Wall Street.