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US Economy Faces 'Fork In The Road': Is Yardeni's 'Roaring 2020s' Still Possible?

Benzinga LogoBenzinga5d ago

US Economy Faces 'Fork In The Road': Is Yardeni's 'Roaring 2020s' Still Possible? - Benzinga

Quick Summary:

The S&P 500 index — as tracked by the SPDR S&P 500 ETF Trust (NYSE:SPY) — has declined 10.1% from its Feb.19 peak through Mar.13, while the Nasdaq 100, tracked by the Invesco QQQ Trust, Series 1 (NASDAQ:QQQ), has slid 11.8% since its Dec.16 high.“The Magnificent-7 stocks led the recent rout,” Yardeni said.

The Yardeni Research president gives a 65% probability of a so-called Roaring 2020s scenario and a 35% chance of a more stagnant, stagflationary outcome, including a recession.

Mounting recession fears are colliding with the possibility of a technology-fueled productivity boom that could reshape the decade and power the stock market to new heights.

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US Economy Faces 'Fork In The Road': Is Yardeni's 'Roaring 2020s' Still Possible? - Benzinga (Picture 1)

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Article Details

Author / Journalist: Piero Cingari

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-24 @ 13:27:59 (5 days ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 745 words

Reading Time: 5 minutes read

Sentences: 36 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 27276398

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About Benzinga

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Main Topics: Technology

Official Website: benzinga.com

Update Frequency: 9 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #53

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  • URL: https://chronographically.beamstart.com/news/us-economy-faces-fork-in-17428237613494

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