An in-line inflation reading spurred gains in both stocks and bonds, easing concern about imminent Federal Reserve interest-rate increases despite elevated oil prices. Ed Yardeni, Founder at Yardeni Research, talks about raising his S&P target and the market melt up.
Source: [Bloomberg Markets](https://www.bloomberg.com/news/videos/2026-08-12/yardeni-raises-s-p-500-target-video)