Ed Yardeni Declares U.S. Market Bottom on Monday

Ed Yardeni, president of Yardeni Research, has identified Monday as the market bottom and reaffirmed his year-end S&P 500 target of 7,700.

• Ed Yardeni declared Monday as the market bottom.
• Yardeni maintains a year-end S&P 500 target of 7,700.
• The S&P 500 has experienced a 9% drop recently.
• Yardeni's outlook is based on historical patterns and economic indicators.
• Investors are monitoring the market for signs of stabilization.