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 did Ben Bernanke suggest about the US economy in 2020?

• It would experience a significant boom.

• It would face a 'Wile E Coyote moment'.

• It would maintain steady growth.

• It would become the world's largest economy.

What is the expected growth rate for the US economy in the short term?

• 4%

• 3%

• 2%

• 1%

What is the anticipated long-term growth rate for the US economy?

• 1%

• 4%

• 2%

• 3%

What does the 'Wile E Coyote' analogy imply about the US economy?

• A complete economic collapse.

• A sudden economic boom.

• A gradual slowdown to trend growth.

• An immediate recession.

How might the deceleration in US growth affect emerging markets?

• It could have no impact.

• It could cause a global recession.

• It could lead to a stronger dollar.

• It could become a positive factor.