Yardeni Predicts S&P 500 Upside, Diversifies Portfolio

0:00Veteran Marcus Shredigis-Ed Yardeni just called the bottom for the S&P 500 on March 30th sticking to his bold year in target of 7,700. That's over 17% upside from where it closed Thursday at around 6,583. Even with US stocks swinging wildly on mixed signals from President Trump about Iran, Yardeni sees clear skies ahead. The index had a rough patch, dropping 9% recently, but that fit right into his predicted 10-15% pullback. For the week ending April 2nd, it rallied 3.4%, snapping a 5-week losing streak. The best weekly gains since November. Yardeni's no lightweight, he's a Wall Street vet who coined the Fed model, worked at the Fed, Treasury, and top firms like Deutsche Bank. But the market's fear gauge, the VIX, is lingering in the mid-20s, signaling investors aren't fully convinced yet. Geo politics around Iran gave markets and exit ramp from the panic, and with oil pushing

1:01toward $110 a barrel, Yardeni says the U.S. wins as a top-energy exporter. He's dialing back on tech overweight, pushing diversification into financials, industrials, and health care amid mixed sector results this year. Expect some patience as volatility eases, if history holds, this reset could fuel the next leg up by a year's end. Local news, powered by AI. This is Durham News Today, I'm Corey with The Story.