22 Quotes by Ed Yardeni

When fixed-income investors conclude that the central bank isn't going to raise rates any time soon, ... there tends to be a convergence of rates.

For two years, we've seen this tremendous increase in prices, yet the core inflation rate has stayed at 2.3 percent or less, and the only explanation for that is globalization means inflation is contained.

If Y2K is a disaster it will be a global one, not a local one,

I think the folks at the Fed would like to raise the federal funds rate as high as they can short of seriously depressing economic growth. They want to make sure they have plenty of room to ease next time they have to do so.

The actual end users, the businesses that actually need these commodities, are discovering that they are making more money by accumulating inventory than turning it into products. It's sort of creating a panic-buying situation, scrambling to hoard.

the government is one of the choke points in the year 2000 problem. It's one of the areas where we could have disruptions that could in fact produce a recession.

There could be a severe recession. That doesn't mean there won't be life on the planet Earth in the year 2000, 2001 and beyond.

What is really new in the commodity world is the extent to which hard commodities have been converted to financial assets through exchange-traded funds and hedge funds.

Earnings will recover and valuation multiples, which got crushed, will get back to where they were at the beginning of the year,