Ed Yardeni: S&P Could Hit 5,400 by Year-End

What You Need To Know

• Yardeni sides with the Fed's outlook for two to three rate cuts this year, defying market predictions of up to seven cuts.
• AI stocks, led by Nvidia, are playing a pivotal role in the market's ascent, he says.
• Predicting an AI-driven surge in productivity, Yardeni sees technological investments as key to economic growth.