JPMorgan Expert Doubts White House’s 3% Growth Prediction
JPMorgan’s top global strategist, David Kelly, is pouring cold water on the White House’s optimistic prediction of 3% US economic growth. He says the administration’s forecast just isn’t realistic. Why the Skepticism? Kelly, in a recent CNBC interview, pointed to several key factors hindering the achievement of such high growth. He argues that boosting productivity…
