Ed Yardeni: I Have Not Been Bullish Enough After Raising S&P 500 Year-End Target to 8,250

Ed Yardeni said he has not been bullish enough after raising his S&P 500 year-end target to 8,250. According to NS3.AI, Yardeni attributed his view to strong corporate earnings. Yardeni also pointed to Baby Boomers retiring with $89 trillion in net worth as a supportive factor for his outlook.