Ed Yardeni Warns of Potential Stock Market Sell-Off Amid Middle East Conflict

Ed Yardeni has expressed concerns about a potential sharp sell-off in the stock market, estimating a 35% likelihood as tensions in the Middle East persist. According to NS3.AI, Yardeni highlighted that historically, oil shocks have often preceded recessions and bear markets. He also noted that while a 10% to 15% market correction is possible, a bear market would entail a decline of 20% or more.