U.S. to Decelerate Back to 2% Trend Growth, Says JPM's Santos

The transcript discusses Ben Bernanke's comments on the US economy facing a 'Wile E Coyote moment' in 2020, suggesting that fiscal stimulus may have been mistimed. It outlines expectations for temporary US growth of around 3% in the current year, followed by a deceleration back to a 2% trend. The analogy of Wile E Coyote is used to describe the deceleration, not a recession. The discussion also highlights the importance of faster growth outside the US, which could lead to a weaker dollar and benefit emerging markets.

What is the anticipated trend for US economic growth beyond the next 12 months?

What does the text imply about the future of the dollar in relation to emerging markets?