JPMorgan Says Low Rates Are Building Asset Bubbles

The video features a discussion with David Kelly from JP Morgan Asset Management about the Federal Reserve's policies. It highlights concerns over delayed interest rate normalization leading to asset bubbles, particularly in real estate and stock markets. The conversation also touches on inflation, wage growth, and labor market dynamics, emphasizing the challenges central banks face in addressing these issues.

What does David Kelly suggest about the Federal Reserve's timing in normalizing rates?

According to David Kelly, what are the consequences of keeping rates low?

What does David Kelly identify as the real problem in the economy, beyond inflation?

How does David Kelly describe the current state of labor markets in relation to wage growth?

What does David Kelly suggest is necessary for the Federal Reserve to do regarding rates?