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David Kelly
Chief Global Strategist at J.P. Morgan Asset Management
David Kelly is a prominent figure in the financial industry, serving as the Chief Global Strategist at J.P. Morgan Asset Management.1 In this role, he leads the Global Market Insights team, which produces the widely-respected Guide to the Markets in seven different versions worldwide.1
Professional Experience
David Kelly has an extensive career in finance and economics:
- He joined J.P. Morgan Asset Management in January 2008 and has been in his current position since then.1
- Prior to J.P. Morgan, he worked as an Economic Advisor at Putnam Investments from 1998 to 2007.1
- His earlier roles included positions at SPP Investment Management, Primark Decision Economics, Lehman Brothers, and DRI/McGraw-Hill.1
Expertise and Contributions
Kelly is known for his ability to:
- Develop insights that bring clarity to financial markets.1
- Explain complex economic and market issues in an accessible manner.1
- Provide valuable perspective to financial advisors and their clients.1
He is frequently sought after as:
Education
David Kelly's academic background includes:
- A Ph.D. in Economics from Michigan State University.1
- A Master's degree in Economics, also from Michigan State University.1
- A Bachelor of Arts in Economics from University College Dublin.1
Current Activities
Kelly regularly shares his insights through:
- A newsletter called "Notes on the Week Ahead," which provides analysis to help prepare for the upcoming week in finance.2
- LinkedIn posts discussing various economic topics and market trends.345
His recent discussions have covered subjects such as:
- The potential for continued economic growth into 2025.2
- The resilience of corporate margins.2
- Inflation trends.2
- The investment implications of the upcoming U.S. election.4
David Kelly's expertise and clear communication style have made him a respected voice in the global financial community, offering guidance on economic trends and investment strategies.
Highlights
I’m excited to share our latest market insights at the 2024 Future Proof Festival on Monday, September 16 on the Ocean Stage at 1:15 p.m. PT. Then stop by booth #107 to pick up your copy of our new playbook for future-proofing your portfolios. Hope to see you there. #FutureProofFestival
On Wednesday of next week, the Federal Reserve will almost certainly embark on its long-anticipated easing cycle. However, whether the first cut in the federal funds rate is 25 or 50 basis points is still very much in doubt. This is a crucial question for the economy and financial markets since a 50 basis point cut might well do more harm than good if businesses, consumers and investors saw it as a signal that the Fed is worried about recession.
The most important issue for the Fed as they debate this decision is the strength of the U.S. labor market. It is quite clear that job growth has slowed over the past year as the post-covid rebound has faded. But is the labor market stalling, or just slowing to a more gradual pace?
Read the full article for mine and Stephanie Aliaga's latest insights.
#markets #federalreserve #jobs #economy
