"It is not an overly strong economy but also not one where there are clear signs of a recession, or a significant slowdown of any kind is at hand. For equities, I still see an upward tilt for the remainder of the year," Siegel said.
"There is no chance we're having a soft landing in the context of the most pernicious tightening by the Fed since the Paul Volcker years," David Rosenberg said.