Ed Yardeni Says Fed Realized They Achieved Their Mandate

The transcript discusses the Federal Reserve's approach to market expectations and monetary policy, highlighting the balance between soft and hard economic data. It examines the Fed's response to recent market changes, the global economic outlook, and the potential risks in the market. The discussion also touches on the Fed's confidence in the economy and the implications of interest rate hikes.

What is the main reason the market is showing leadership according to the first section?

• The market is setting its own expectations.

• The market is following the Federal Reserve's lead.

• The market is driven by fiscal stimulus.

• The market is ignoring inflation targets.

How did the November 8th election influence the Federal Reserve's approach?

• It resulted in increased market volatility.

• It led to a decrease in interest rates.

• It had no impact on the Federal Reserve's decisions.

• It caused a shift away from fiscal stimulus.

What is the Federal Reserve's concern regarding the stock market?

• A potential melt-up and downside protection.

• A lack of investor confidence.

• An increase in bond yields.

• A decrease in global market influence.

What data is the Federal Reserve relying on to gauge economic confidence?

• Hard data like employment numbers.

• Corporate earnings reports.

• Survey data and sentiment indices.

• Global trade statistics.

What does the tight spread in the Bloomberg Yield Index indicate?

• An impending rise in inflation rates.

• A decrease in global economic confidence.

• A potential for increased market leverage.

• A healthy economy with low risk.