Back from the Beach: Reviewing the Investment Landscape

In this J.P. Morgan Asset Management podcast, David Kelly reviews the investment landscape, noting strong portfolio performance tempered by high valuations and potential economic challenges. He discusses the impact of administration policies on tariffs and immigration, analyzes economic growth, jobs, and inflation, and anticipates potential Fed actions. Kelly suggests that investors should consider exposure to international equities and alternative assets, given the disconnect between the U.S. economy and the large-cap stock market.