This News/Current Affairs podcast, "Notes on the Week Ahead," provides a market and economic overview for the week of January 27th, 2025. Dr. David Kelly, Chief Strategist at J.P. Morgan Asset Management, analyzes the U.S. economy's current health (strong GDP growth, stable labor market, easing inflation), then discusses the potential impact of the new administration's policies (tariffs, immigration, deregulation, budget) on the economic outlook and Federal Reserve policy. He highlights the potential for higher tariffs and fiscal stimulus, suggesting these factors could influence inflation and Fed rate decisions. Finally, he cautions investors to consider the high valuations and market concentration, advising diversification given the potential for market corrections, referencing historical examples like the dot-com bubble and the 2008 financial crisis.
