'Disinflation Is Here,' Says Ed Yardeni

The video discusses the current market sentiment, highlighting the abundance of bullish investors and the lack of pessimists. Despite this, economic fundamentals remain strong, with disinflationary trends and positive PPI and CPI figures. The banking sector is analyzed, focusing on the increase in loan loss reserves and its impact on earnings. The discussion concludes with projections for the S&P 500, noting a bull market since October 12th and setting targets for the index.

What is the significance of the loan loss reserves mentioned in the text?

What are the projected targets for the S&P mentioned in the discussion?