U.S. Economy Will Do ‘Surprisingly Well’ in 2012, Yardeni Says

The U.S. economy will perform “surprisingly well” in 2012 as corporate profits and cash flow spur hiring, said Ed Yardeni of Yardeni Research Inc.

“Companies will have to hire or they’ll miss a lot of business,” Yardeni said today at the Inside Commodities conference in New York. He said the U.S. may be a “safe haven” as Europe endures a “mild recession.”

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