Tax bill stimulus

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J.P. Morgan's David Kelly: There will be a lot of drag on the economy before tax bill stimulus
CNBC Television· 2025-07-03 14:45
uh with JP Morgan Asset Management's chief global strategist, David Kelly, who joins us. David, very good morning to you. Good to see you.Glad to be here. Let's I mean, as Sarah said, lots to break down there from potential trade deals or not, uh the bill going through Congress, but also the jobs number. How much better than expected was the jobs number.Does it tweak your outlook for the economy a lot or not. Only very slightly. Um I mean, it's fine.I mean, the the economy is slowing down slowly, but I thin ...