Ed Yardeni's S&P 10,000 Call Is Just 8% a Year

Wall Street's most bullish number sounds wild until you run the math. Ed Yardeni kept his call for the S&P at 10,000 by the end of 2029, even as he trimmed his year-end target and raised his bearish odds. From around 7,800 today, 10,000 is 28% higher, which sounds huge, but over three years it's only about 8% a year, right in line with the market's long-run average. The options agree, so his blockbuster target sits at the edge of normal, not fantasy land. 📊 tastylive: https://www.tastylive.com/ 📰 Get Tom's pre-market analysis every morning: https://www.tastylive.com/newsletters 📘 FREE Options Strategy Guide: https://tinyurl.com/bp9ms763 📱 Follow tastylive on X: https://x.com/tastyliveshow Chapters 00:00 The famous bull gets nervous 00:20 He kept the 10,000 call for 2029 00:38 Why the yield spike spooked him 00:54 10,000 is 28% higher from here 01:05 But that's only about 8% a year 01:33 Compared to the market's long-run return 01:47 The most bullish number is just normal 02:14 What the options expect by 2029 03:04 Running the square-root-of-time math 04:18 Why the forecast is ordinary, not crazy #tastylive #mathcheck #edyardeni #sp500 #optionsmath #pricetarget #expectedmove #bullish #optionstrading #stockmarket tastylive is a real financial network, producing hours of live programming every day. Follow along as our experts navigate the markets, provide actionable trading insights, and teach you how to trade. With over 120 original segments, and over 25 personalities, we'll help you take your trading to the next level, whether you are new to trading or a seasoned veteran. tastylive content is created, produced, and provided solely by tastylive, Inc. ("tastylive") and is for informational and educational purposes only. It is not, nor is it intended to be, trading or investment advice or a recommendation that any security, futures contract, digital asset, other product, transaction, or investment strategy is suitable for any person. Trading securities, futures products, and digital assets involve risk and may result in a loss greater than the original amount invested. Investment information provided may not be appropriate for all investors and is provided without respect to individual investor financial sophistication, financial situation, investing time horizon or risk tolerance. Options, futures, and futures options are not suitable for all investors. Prior to trading securities, options, futures, or futures options, please read all applicable risk disclosures, including, but not limited to, the Characteristics and Risks of Standardized Options Disclosure and the Futures and Exchange Traded Options Risk Disclosure Statement found at https://tastytrade.com/disclosures/. Past performance is not indicative of future results. Performance is not presented net of all commissions, fees, and expenses. Multi-leg option strategies incur higher transaction costs than single leg trades as they involve multiple commission charges. Examples provided are for illustrative, informational, and educational purposes only and are not intended to be reflective of results you can expect to achieve. Supporting documentation for any claims, including claims made on behalf of options programs), comparisons, statistics, or other technical data, if applicable, will be supplied upon request. tastylive, through its content, financial programming or otherwise, does not provide investment or financial advice or make investment recommendations. tastylive is not a licensed financial adviser, registered investment adviser, or a registered broker-dealer.