J.P. Morgan's David Kelly: The economy is not in recession yet, but is 'slowing slowly'
CNBC Televisionยท2025-09-05 14:45
Dow, S&P, NASDAQ though hitting some record highs again today. David Kelly joins us here at Post 9. JP Morgan asset management chief global strategist.Good to see you, David. Thanks for coming in. It's funny, one of the quips today is, uh, well, we no longer have to worry about the split between the soft survey data and the hard data.They they're kind of converging here. Yeah, that's right. I mean, we always look at the jobs market as a mosaic, but all the numbers this week were telling us it's getting soft ...