The Fed Decisions

Dr. David Kelly, Chief Strategist at J.P. Morgan Asset Management, discusses the upcoming Federal Reserve (Fed) decisions and their implications for the economy and investments. He analyzes economic indicators such as unemployment rates, inflation, GDP growth, and international trade, predicting a likely Fed decision to maintain interest rates. He also speculates on the potential political ramifications of the Fed's decision, particularly concerning President's potential actions regarding Fed Chair Jerome Powell and the implications for the U.S. dollar, interest rates, and the stock market. Dr. Kelly concludes by suggesting investors consider diversifying their portfolios to mitigate potential risks.