My guest today is Dr. David Kelly, Chief Global Strategist and Head of the Global Market Insights Strategy Team for J.P. Morgan Asset Management.

In today’s episode, Dr. David Kelly discusses various economic themes, including inflation, consumer sentiment, the value of the dollar, and the government deficit. He also covers the current state of global markets and urges listeners to reassess their risk exposure in light of recent wealth gains.

(1:13) Economic outlook

(4:12) Consumer behavior

(8:24) Stocks and gold 2024 performance

(13:27) US dollar and deficit concerns

(20:44) Long-term capital market assumptions

(26:52) Regional opportunities

(33:09) David's favorite charts

(36:56) Thoughts on immigration

(39:37) Nonconsensus views on the federal deficit

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Past guests include Ed Thorp, Richard Thaler, Jeremy Grantham, Joel Greenblatt, Campbell Harvey, Ivy Zelman, Kathryn Kaminski, Jason Calacanis, Whitney Baker, Aswath Damodaran, Howard Marks, Tom Barton, and many more. 

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