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The Big Apple 6/28/23

Halftime Report

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Ed Yardini's Bullish View on the Markets

I actually think it's really bullish that he said he doesn't think we're going to get to 2% inflation because that means he's not going to do what we're most afraid of. If he's okay with inflation coming down on a steady glide path towards 2% for the next two years, that's actually a good scenario for the markets. And stocks are not overblown in terms of these or they're on the pricier side. Look, I think the market just wants to go up. There's a permabette, you know, a permable plug under the market. So I don't see tons of risk in the market. The market's driven by technology.

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