Skip to content
Sign in
Artwork for Notes on the Week Ahead
BusinessInvesting

Notes on the Week Ahead

Dr. David Kelly

Listen to the latest insights from Dr. David Kelly, Chief Global Strategist at J.P. Morgan Asset Management to help prepare you for the week ahead.

Play
Open in
  • 27 episodes
  • weekly
  • Avg 12 min
  • English

Episodes 27

NewestOldestLongest
All7Unplayed7In progress0Played0
Counted on this page — what you have heard stays on this device, so it is not something the list can be paged by.
  • #336
    March 30 · 10 min

    The Receding Tariff Tide

    A year ago this week, the President announced what he described as “reciprocal tariffs” on goods imported from all major U.S. trading partners. These tariffs, which were much broader and higher than expected, led to an immediate and sharp decline in stock prices.

  • #335
    March 24 · 13 min

    The Investment Implications of Shrinking the Fed’s Balance Sheet

    In a speech last April, Fed Chair Nominee, Kevin Warsh, lamented the mission creep of the Federal Reserve as well as the Fed’s expanded balance sheet. Many academics agree with Warsh – the Fed has often tried to address problems that are not within its remit and with tools not suited to their purpose. Some of these endeavors have inflated the balance sheet which, rather like a Swiss army knife, is a tool used for many tasks, none of which it does particularly well.

  • #334
    March 16 · 10 min

    How Will It End?

    One of the benefits of my marathon training is that, most weekends, I get to jog over the Newton and Wellesley hills with my running buddy, John, who happens to be a financial advisor. Over the course of three hours we solve the problems of the world, reviewing them with dour pessimism at the start of our run and assessing them with breezy optimism later on, as the running endorphins kick in.

  • #333
    March 9 · 9 min

    An Updated Outlook for the U.S. Economy

    Three weeks ago, I wrote an article entitled Detangling Solution for the Economic Outlook in which I outlined a baseline forecast for 2026 and into 2027, amidst many distortions and entanglements in economic data and trends. So much has happened since then, including a raft of new economic numbers, the Supreme Court’s decision on IEEPA tariffs, and, most seriously, the start of an all-out war in the Middle East, that it makes sense to go through the exercise again, or, as the marketers of hair products might say, “rinse and repeat”.

  • #332
    February 23 · 10 min

    The Investment Implications of the Tariff Decision

    On Friday, the Supreme Court released a long-awaited decision, ruling that the President’s imposition of tariffs, using the 1977 International Emergency Economic Powers Act, otherwise known as IEEPA, was illegal. The President held a press conference that afternoon and issued a proclamation announcing a general 10% tariff on imported goods, using a different statute and promised to invoke a third set of statutes to replace the overturned tariffs on a more permanent basis. On Saturday, he announced that the 10% tariff rate was being raised to 15%.

  • #331
    February 17 · 10 min

    Detangling Solution for the Economic Outlook

    Between taking a shower when I get up in the morning and another when I get home from running, I am a significant consumer of detangling solution. In my youth, an unruly shock of hair required liberal doses of the substance just to bring some order to my muppet-like locks. Today, sadly, the forest has thinned out, making detangling solution somewhat less necessary. However, with less to do up top, it would be nice if it could gently seep into my scalp, detangling some of the confusion beneath.

  • #330
    February 9 · 11 min

    Real Economy Challenges

    Last week saw dramatic moves in financial markets. Gold and silver, which rose very sharply last year and in January, suddenly lurched down before stabilizing. Bitcoin took a nosedive before achieving a significant, although partial, recovery on Friday. Mega-cap tech stocks posted huge earnings gains but announced even more lofty capital spending plans, contributing to a general selloff in the sector. And, at the end of the week, stocks saw a resounding rally, pushing the venerable Dow Jones Industrial Average over 50,000 for the first time ever.

Showing 21–27 of 27 episodes