JPMorgan’s Kelly: U.S. Economic Recovery ‘Like an Irish Summer’
Recovery has been “damp and disappointing,” David Kelly says, but decline in unemployment is encouraging. If only the housing market would recover…
Who’s Afraid of the Stock Market? Not JPMorgan’s Kelly
JPMorgan Funds chief global strategist David Kelly debunks market "misperceptions" and calls on all cash hoarders to "get invested in something."
Advisors’ Favorite Value-Add Programs: Social Security, Search for Yield
American Funds and JPMorgan offer the most popular value-add programs while PIMCO falls off Top 10 list, new survey finds.
Jobs Numbers Paint Unclear Picture for Fed Tapering
For market watchers looking for a definitive sign that taper time is coming, Friday's tepid jobs report wasn't it.
Stocks Have Room to Rise, but So Do Interest Rates: J.P. Morgan’s Kelly
J.P. Morgan Asset Management's David Kelly believes the biggest drag on the U.S. economy is the Federal Reserve, and investors must prepare for inflation.
Obama Blasts ‘Meat Cleaver’ Cuts as Simpson, Bowles Release New Plan
With little time left until the $85 billion in sequestration cuts take effect, President Barack Obama urged lawmakers Tuesday to avert the “brutal” cuts.
Fiscal Cliff Deal: ‘A Missed Opportunity’
While the fiscal cliff deal that was approved by the House and Senate on Jan. 1 was good news in that it sent the markets soaring and includes some changes that make financial planning easier, critics of the deal say that it fails to remedy the fiscal challenges that lie...
Fiscal Cliff Deal: The Good, the Bad and the Ugly
The fiscal cliff deal that was approved by Congress sent the markets soaring Wednesday, but lawmakers and industry officials were quick to weigh in with their opinions—positive and negative—on the deal.
Congress’ Top 5 Pieces of ‘Unfinished Business’
As Congress headed off for its August recess, quite a few tasks were left unresolved, with the biggest by far being legislation to avert the looming fiscal cliff.
America Needs a Fiscal Ladder, Not a Fiscal Cliff: J.P. Morgan Funds’ Kelly
“This ladder ought to be one where the deficit falls by about 1% of GDP per year,” David Kelly, chief global strategist for J.P. Morgan Funds, said Monday.