Technology will continue to drive the ‘roaring 2020s’ to the end of the decade: Ed Yardeni

June 19, 2026 - 04:27

Ed Yardeni, president of Yardeni Research, argues that the current economic expansion, which he calls the "roaring 2020s," still has plenty of fuel left thanks to rapid advances in technology. Speaking on a recent financial program, Yardeni dismissed concerns that the cycle is running out of steam, pointing instead to artificial intelligence, automation, and productivity gains as key drivers that will sustain growth for the rest of the decade.

Yardeni noted that the Federal Reserve's current leadership has managed to navigate a tricky environment without crashing the economy. He suggested that while the central bank's rate hikes have been aggressive, the underlying strength of the tech sector has absorbed much of the shock. "This is not your grandfather's economy," he said. "The innovation pipeline is full, and companies are finding new ways to do more with less."

He also pushed back against fears of a looming recession, arguing that the combination of strong corporate balance sheets and a resilient labor market creates a solid foundation. The real story, according to Yardeni, is how technology is reshaping industries from manufacturing to finance, boosting efficiency and margins. He believes investors who stay focused on these structural shifts will be rewarded, even as the broader economy faces periodic headwinds.

For Yardeni, the key takeaway is simple: the productivity revolution is just getting started, and it will keep the economic party going well past 2025.