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Ed Yardeni: I Just Raised My Recession Odds
💡Ed sees increasing risks but says corrections are buying opportunities, not reasons to panic. Want a second opinion? Get a free portfolio review with Wealthion's endorsed financial advisors at https://bit.ly/4rJ4tqx
Ed Yardeni, President of Yardeni Research, joins Maggie Lake to assess whether the current inflation spike is structural or a passing shock. Ed has raised his recession odds from 20% to 35%, but still gives 60% to his roaring 2020s thesis, crediting productivity growth that separates today from the 1970s. He explains why the Magnificent Seven's PE drop from 31 to 25 makes them…
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