All the money going to Tesla, otherwise US market is fine; long pause likely after next Fed rate cut: Ed Yardeni

Ed Yardeni believes the Fed is likely to implement a final 25-basis-point rate cut, followed by an extended pause. He suggests the market overestimated the number of cuts needed, citing the resilient US economy. Yardeni downplays the Dow's recent decline, attributing it to investment flows into tech stocks like Tesla and Nvidia.