Oct 17, 2022 1 min read

Dr Ed's Video Webcast 10/17/22

Dr Ed's Video Webcast 10/17/22

More persistently pernicious inflation than expected is at the root of the financial market’s bearish sentiment. Revenues, profit margins, and earnings have been holding up relatively well; the market’s big problem is a significant downward rerating of the P/E multiples that investors are willing to pay in this inflationary economic environment.

Below is exclusive early access to Dr Ed's Webcast for paid members. This post and video will open to the public on a later date.

We continue to think the economy is undergoing a rolling recession afflicting different industries at different times. We also think that inflation might be following a similar rolling script. Notably, goods inflation pressures have abated as services inflation pressures have picked up.

Great! You’ve successfully signed up.
Welcome back! You've successfully signed in.
You've successfully subscribed to Yardeni QuickTakes.
Your link has expired.
Success! Check your email for magic link to sign-in.
Success! Your billing info has been updated.
Your billing was not updated.