Dr. Ed Yardeni

Stock Market Valuation

The S&P may have to wait until next year to break September 14th's record high of 1,465.

Second Terms

Drop in the S&P 500 discredits an Obama victory will be bullish for the stock market.

Germany's Ifo Survey

Global economy will be in bad shape in 2013 if the US falls off the fiscal cliff.

NZIRP Forever

The Fed should target the federal funds near zero until unemployment fails below 5.5 percent says FRB Minneapolis President.       

Euro Mess

It may take a lot to keep Spain in the euro zone. ECB president promises to do "whatever it takes" to defend the euro.      

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