Ed Yardeni: Odds of Fed rate cut are under 50%, labor market and inflation both still running warm

Joining us this morning, Yordenni Research President Ed Yardi joins us. Ed, I've been thinking about you and sort of your general optimism about certainly the earnings trajectory right now. What do you think is this little hiccup's about.Is it about August. >> I Yeah, I think it's about uh the Fed meeting in September. I think there's a concern that uh maybe it's not 80% after all as the odds of a Fed rate cut.Uh I I if I had to put my own probability on it, it's under 50%. I'll give you 40%. Uh I'm still i ...