Ed Yardeni Says Bond Vigilantes Are 'Saddling Up'

The video discusses the bond market's response to inflation and federal deficits, highlighting concerns about the current economic conditions. It examines how these factors influence the equity market, particularly the S&P 500, and provides a forecast for market movements by year-end and into the next year.

What are the primary factors influencing the bond market according to the speaker?

• Supply and demand

• Inflation and Federal Reserve actions

• Stock market trends

• Global trade policies

Why are bond vigilantes concerned in the current economic situation?

• Federal deficits are widening during a strong economy

• Interest rates are at an all-time low

• The stock market is too volatile

• There is a lack of government intervention

What was the initial year-end forecast for the S&P 500?

• 5000

• 5400

• 4600

• 4200

What does the speaker predict for the S&P 500 in the short term?

• A significant rise

• A pullback to the 200-day moving average

• Stability with no major changes

• A drop below 4000

What is the long-term forecast for the S&P 500 by next year?

• 5400

• 6000

• 5000

• 4600