Oct 19 at 4:33 PM
Dr. David Kelly is a Chief Global Strategist and head of global market insights strategy for J.P. Morgan Asset Management. Throughout his career, he has developed a unique ability to explain complex economic and market issues in a language that financial professionals can use to communicate with their clients. Dr. Kelly provided a broad view on where he sees the economy right now. He referred to J.P. Morgans Guide to the Markets for the 4Q, which is often featured in Advisor Week. The Guide illustrates a comprehensive array of market and economic histories, trends and statistics, through clear, compelling charts and graphs that you can share with your clients. He also shared a menu of items that are important to the investment environment as a whole, such as the U.S. economy, which he compared to a healthy steady tortoise, inflation, which is on a slow climb, the global economy, the Federal Reserve, the equities market, and global risks and opportunities. Over all, its been a very good year, he said. In closing, remember that uncertainty underscores the need for broad diversification and careful portfolio management.