Yardeni Keeps S&P 500 at 8,250 as He Warns of a June Swoon
Updated
Updated · Investment Executive · Jun 5
Yardeni Keeps S&P 500 at 8,250 as He Warns of a June Swoon
2 articles · Updated · Investment Executive · Jun 5
Summary
8,250 remains Ed Yardeni’s year-end S&P 500 target even as he warned U.S. stocks could “swoon” or consolidate in June after a sharp rebound from the March buying opportunity.
July rate-hike risk, the U.S.-Iran war and a coming wave of mega IPOs are the main volatility triggers he cited, with Brent crude seen potentially spiking toward $150 if the Strait of Hormuz stays shut.
7,383 was the S&P 500’s Friday close, leaving Yardeni’s target the highest on Wall Street; he also sees the index reaching 10,000 by decade-end on AI-driven earnings and capital spending.
Private-market stress still does not look like a systemwide credit event to him, because bank lending remains firm, while he also forecast gold at $10,000 an ounce by decade-end.
Why does Wall Street's top bull also see gold hitting a record $10,000 amid his extreme tech optimism?
Can the AI spending boom defy a looming energy crisis and rising interest rates to hit record market highs?
Are the upcoming mega-IPOs the next engine of market growth, or a bubble set to pop this summer?
Yardeni Eyes S&P 500 at 8,250 for 2026: Bullish Outlook Faces June Swoon, Fed, and AI IPO Volatility
Overview
Ed Yardeni, a well-known Wall Street forecaster, has reaffirmed his bullish outlook for the S&P 500, raising his year-end 2026 target to 8,250 and maintaining a long-term goal of 10,000 by 2030. This optimism is driven by what he calls 'Fabulous Earnings Momentum,' which has fueled the market's recovery since its March 2026 low. Despite this, Yardeni warns of a possible 'June Swoon'—a short-term pullback—due to factors like rising interest rate expectations and geopolitical tensions. However, he sees any dip as a buying opportunity, supported by strong fundamentals and the potential impact of upcoming mega-IPOs.