JPMorgan's Kelly Sees 'Economic Heatwave' Hitting U.S.

The video discusses the current state of the US economy, highlighting strong GDP growth and low unemployment rates. It examines the equity market's lack of response to these indicators, attributing it to distractions like tariff talks. The video suggests that investors should focus on current earnings rather than growth. It predicts a better second half for the equity market due to economic stimulus and tax cuts. The discussion extends to global markets, suggesting better long-term growth prospects outside the US and a potential decline in the US dollar due to trade deficits.

What factors could lead to a change in the equity market in the second half of the year?

In what ways might international equities perform compared to U.S. equities in the long term?