Ed Yardeni: New Fed Chair Kevin Warsh is a HAWK acting like a DOVE

• New Fed Chair Kevin Warsh is seen as more hawkish than previously perceived, but the market quickly recovers from 'hissy fits' due to strong earnings.
• Yardeni is bullish on the long-term market, calling it the 'Roaring 2020s,' with a target of S&P 500 8250 by year-end and 10,000 by 2029, driven by technology and AI.
• Opportunities are noted in emerging markets (excluding China) and gold is believed to have bottomed, with a target of 5500 by year-end.

Ed Yardeni discusses the market's reaction to the new Fed Chair Kevin Warsh, noting his hawkish stance. Despite short-term market 'hissy fits,' Yardeni maintains a bullish long-term outlook, driven by strong earnings and technology. He predicts an S&P 500 of 10,000 by 2029 and sees opportunities in emerging markets excluding China, while also believing gold has bottomed.