Skip directly to Accessibility Notice

Trends with Benefits #19: Watching the Fed with Ed Yardeni

July 21, 2020

Listen Time 30:21 MIN


I was fortunate enough to be able to speak with Dr. Ed Yardeni, President and Chief Investment Strategist of Yardeni Research. Dr. Yardeni is an economist and investment strategist who is also an experienced and widely followed “Fed watcher” helping people understand, anticipate and profit from the decisions of Federal Open Market Committee (FOMC). Even if you’re only a casual follower of financial news, you’re probably aware that the Federal Reserve has undertaken unprecedented actions to help support the economy so, it was great to get Dr. Yardeni’s take and what it could mean for investors.

Fed Watching

Dr. Yardeni has a long history of watching the Fed. He even spent a year early in his career working at the Federal Reserve Bank of New York when Paul Volcker served as its president. Dr. Yardeni’s new book, Fed Watching for Fun & Profit reviews a history of the modern Fed, Fed Chairs and their policies. It was released in March, just a few weeks before the Fed announced extensive new measures to support the economy as a result of the coronavirus pandemic. This most recent episode in Fed history will undoubtedly be a fascinating new chapter in future editions, but it nonetheless provides a wonderful and easy to follow primer to put current Fed actions in perspective. Taking unprecedented actions is nothing new for the Fed, but the trick, as Yardeni writes, is to avoid letting one’s views of what the Fed should do from derailing focus on what they were most likely to do.

Trend or Fad

Listen for Dr. Yardeni’s take on Bitcoin, Elon Musk, Modern Monetary Theory, home fitness.

Follow Ed Lopez @ThatEdLopez on Twitter and visit Yardeni Research at or follow Yardeni Research  @yardeni on Twitter.

You can listen and subscribe to this podcast on Apple PodcastsSpotifySoundCloud, and YouTube.


Please note that Van Eck Securities Corporation (an affiliated broker-dealer of Van Eck Associates Corporation) may offer investments products that invest in the asset class(es) discussed in this podcast.

The views and opinions expressed are those of the speaker(s) but not necessarily those of VanEck. Commentaries are general in nature and should not be construed as investment advice. Certain statements contained herein may constitute projections, forecasts and other forward looking statements, which do not reflect actual results, are valid as of the date of this communication and subject to change without notice. Information provided by third party sources are believed to be reliable and have not been independently verified for accuracy or completeness and cannot be guaranteed. Any discussion of specific securities/financial instruments mentioned in the commentary is neither an offer to sell nor a solicitation to buy these securities. Fund holdings will vary. All indices mentioned are measures of common market sectors and performance. It is not possible to invest directly in an index. Information on holdings, performance and indices can be found at

All investing is subject to risk, including the possible loss of the money you invest.  As with any investment strategy, there is no guarantee that investment objectives will be met and investors may lose money.  Diversification does not ensure a profit or protect against a loss in a declining market.  Past performance is no guarantee of future performance.

Van Eck Associates Corporation