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Ed Yardeni Cuts S&P 500 View to 7,900 on Downturn Risks
Source: Bloomberg
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Ed Yardeni, previously among Wall Street's most bullish strategists, cut his S&P 500 year-end target just one month after raising it. He cited rising risks of an economic or market downturn over the next three to six months, signaling a more defensive outlook for U.S. equities.
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