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# Dr Ed's Weekly Webinar 6/6/22
- URL: https://www.yardeniquicktakes.com/dr-eds-weekly-webinar-6-6-22/
- Published: 2022-06-06T17:05:00.000Z
- Updated: 2022-06-09T19:37:10.000Z
- Author: Ed Yardeni
- Tags: Video Webcasts

As analysts’ earnings estimates have scaled new heights this year, investors have experienced valuation altitude sickness, which may soon be resolved by the drop in P/Es since the start of the year. Or it may resolve in a much more sickening fashion if a recession sends earnings expectations—and valuations—hurtling downward. …. 

Below is exclusive early access to Dr Ed's Weekly Webinar for paid members. This post and video will open to the public on a later date.

A recession still isn’t our base case; we give it 40% odds. Notably, our forecasts for S&P 500 earnings and price targets assume that no recession is coming anytime soon. … To us, the latest economic indicators suggest a slowly growing economy headed for a soft landing, not a hard one. … Also: Wage inflation may be peaking.