And where are stocks heading from here. Well, we welcome Ed Yardi to Power Lunch. He is founder and head of Ardeni Research.Ed, great to have you on. >> Thank you very much. >> All right.Why do you think the market is not reacting a little more negatively to the hot inflation read and a lowered expectation of more Fed rate cuts in the future. Well, I think the uh market hasn't given up on the idea that the economy is actually resilient, that it doesn't necessarily need lower interest rates and that if we ge ...

Pre-market futures are up this morning, though somewhat muted from levels prior to economic reports out this morning on unemployment claims. We also see a full compliment of Q1 earnings reports ahead of today’s opening bell, with another couple “Mag 7” companies due to report after today’s close.Jobless Claims Jump Higher Last WeekFor months, we’ve been talking in this space about the steadiness and resiliency of weekly unemployment claims. While other metrics on the economy and employment have begun to sho ...