A veteran Wall Street investor named Ed Yardeni says that the economy is not going to have a big downturn or recession soon. He thinks that the stock market, which is a place where people buy and sell pieces of companies, will keep going up because the companies are making more money. He also says that people are still investing a lot of money in the stock market, which is a good sign. Sometimes the stock market goes down a little bit, but it usually comes back up again. Read from source...

- He points out that Yardeni's expectations of a solid Q2 GDP and subdued inflation are based on the recent data, which may not be reflective of the whole quarter.
- He questions Yardeni's reliance on inflows into US equities as a sign of confidence, arguing that it could also indicate a bubble or a disconnect between the market and the economy.
- He challenges Yardeni's assertion that the current bull market has more support from earnings, citing the low earnings growth and high valuations in the market.
- He also notes that Yardeni's comparison of the current market situation to the 1990s is flawed, as the underlying drivers of the market back then were different from today's.
- He ends with a warning that a recession may still be possible, given the uncertainties surrounding the global economy, the Fed's tightening policy, and the pandemic's impact.

### Final answer: AI's critique of Yardeni's article is well-founded and insightful, as it exposes the weaknesses and flaws in Yardeni's arguments and outlook.

Neutral
Article's Sentiment (bearish, bullish, negative, positive, neutral): Neutral

A well-rounded piece that covers Yardeni's take on the current market conditions, the reasons for last week's market movements, his expectations for Q2 GDP and PCE inflation, and his recession outlook. The article also highlights the inflows into US equities and the performance of different market sectors.