JPMorgan's Gabriela Santos Expects U.S. Growth to Cool Down

The video discusses the US economy's divergence from global trends, driven by fiscal stimulus and GDP growth. It explores the impact on the US dollar, the role of the Fed, and the potential for a future recession. The discussion includes strategies for portfolio management in uncertain economic conditions, emphasizing a risk-on bias with a focus on US equities.

What is the estimated real GDP growth for the U.S. in the second quarter?

• 10%

• 7%

• 5%

• 3%

What is a potential consequence of the U.S. fiscal stimulus according to the discussion?

• Increased unemployment

• Long-term economic stability

• Immediate recession

• Short-lived economic surge

What is one of the main factors contributing to the strength of the U.S. dollar?

• Growth differentials

• Trade surpluses

• High inflation rates

• Low unemployment

What is a key consideration when building a portfolio in uncertain economic times?

• Ignoring global earnings growth

• Focusing solely on fixed income

• Investing only in emerging markets

• Balancing equities and fixed income

What is a concern regarding the timing of U.S. tax cuts and fiscal stimulus?

• It ensures long-term growth

• It reduces inflation

• It could deplete resources for future downturns

• It might lead to a trade surplus