Ed Yardeni on Debt Ceiling, Stocks and Inflation

The transcript discusses the potential impact of the debt limit debate on Wall Street, analyzing recent economic data and its implications for inflation and the Federal Reserve's policy. It explores market volatility, predictions for a soft landing, and the concept of returning to an 'old normal' economy. The discussion also covers the effects of commodity prices on inflation, the pandemic's impact on economic trends, and potential market reactions to unresolved debt limit issues.

What is the speaker's perspective on the potential for a recession in major economies?

In what ways has the pandemic affected consumer behavior regarding goods and services?

How does the speaker view the relationship between Wall Street and Washington in terms of economic decision-making?