"Honestly, if [the inflation data] happened a week earlier, I think that might just have been enough to keep another two people on the two-rate-cut bandwagon," JPMorgan Asset Management chief global strategist David Kelly said at a media roundtable on Thursday.
Date: Jun 17, 2024
Category: Business
Source: Google
Dow Jones soars 500 points as bond yields retreat and optimism grows that Fed is done with rate hikes
Its kind of overdue, David Kelly, chief global strategist at JPMorgan Asset Management, said in a call with MarketWatch. I think people were a little too pessimistic about the economy, inflation and the Fed.
Date: Nov 02, 2023
Category: Business
Source: Google
Senate Banking Committee Chairman Tells the Fed to Ignore Inflation and Protect Jobs
constraining demand until supply catchesup time that working-class families dont have. As J.P. Morgan Asset Management chiefglobal strategist David Kelly noted, [i]n the long history of Federal Reserve mistakes, onegeneral error stands out. They tend to wait too long and then do too much.
Date: Oct 25, 2022
Category: Business
Source: Google
Stocks and bonds are 'discounting for a disaster' after the worst stretch for investors in 20 years
The problem is that at the end of last year, we were priced for perfection and now we are discounting for a disaster, said David Kelly, chief global strategist at J.P. Morgan Asset Management, by phone.
Date: Oct 01, 2022
Category: Business
Source: Google
US stocks mixed after investors remain jittery about COVID-19
"That's one part of the story and that could be holding back" the stock market, said David Kelly, chief global strategist at JPMorgan Funds. "We don't really have a handle on how bad the delta variant might get."
Date: Aug 10, 2021
Category: More news
Source: Google
Stocks edge higher on Wall Street on latest vaccine hopes
increased caution as the virus continues to threaten the economy. That push and pull ultimately sent the S&P 500 to a loss last week. But, in the longer term, any positive updates on the vaccine front should be more dominant for the markets, said David Kelly, chief global strategist at JPMorgan Funds.
Date: Nov 23, 2020
Category: More news
Source: Google
Stock market plunge: Dow plunges 1,000 points on fears of coronavirus second wave
"The rally in the stock market from the March 23 lows was simply overdone," said David Kelly, chief global market strategist at JPMorgan Funds. "We are still in a very deep recession. We still have a tremendous amount of uncertainty about the virus but also about stimulus and politics."
Date: Jun 11, 2020
Category: More news
Source: Google
Stocks sink on Wall Street as grim economic news pours in
We should take any company forecast and analyst forecast with a grain of salt here, said David Kelly, chief global strategist at JPMorgan Funds There are many analysts who are just as bewildered as companies are.