Edward Yardeni and JPMorgan's David Lebovitz Advise Buying Dip in U.S. Stocks Amid Tariff Policy and Recession Fears

Wall Street veteran Edward Yardeni has advised investors to buy the dip in U.S. stocks, asserting that the market is resisting President Donald Trump’s tariff policy amid recession concerns. This sentiment is echoed by JPMorgan’s David Lebovitz, who believes that stocks have reached a dip-buying territory and maintains that the U.S. economy is likely to avoid a recession triggered by tariffs. Yardeni's comments highlight the ongoing policy uncertainty regarding tariffs and their potential impact on growth and inflation, suggesting that even if tariffs remain, they will have a one-time effect rather than a continuous drag on the economy.