Yardeni reduced his recession odds from 35% to 20% in April 2025 based on extreme bearishness readings (bull-bear ratio approaching 1), contrarian signal of policy response, Trump's stated 2-3 week exit timeline, and the unlikelihood of oil spiking above $125-150 in the near term.
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Ed YardeniEvidence Quote
“from a contrarian perspective so much bearishness with a bull bear ratio down close to one We concluded that there would probably be a policy response when when people get uh extremely bearish. The policy makers one way the other get the message”
Created: 8/12/2026, 6:33:34 PM
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