Fed Will Raise Rates Three More Times by Mid-2019, JPMorgan's Kelly Says

The video discusses the economic outlook for 2019, predicting a slowdown in growth to 2%, likened to a 'marathon tortoise'. It explores the implications for asset prices, suggesting a potential shift from US to international markets if global growth picks up. The Federal Reserve is expected to raise interest rates, but may pause if inflation remains stable. The video emphasizes the importance of international equities, which are seen as undervalued compared to US equities.

What is the expected growth rate for the US economy in 2019?

• 3%

• 1%

• 2%

• 4%

What could potentially happen if the US economy slows down and the rest of the world picks up in growth?

• The US economy will stall

• The US dollar may strengthen

• International equities may outperform US equities

• US domestic markets will see a surge

Why might international equities be considered cheap relative to US equities?

• Due to increased US interest rates

• Because of a slowdown in the US economy

• Because of a stronger US dollar

• Due to higher inflation rates

What is the Federal Reserve expected to do if the economy experiences a slowdown rather than a stall out?

• Lower interest rates immediately

• Continue with planned rate hikes

• Increase rates significantly

• Stop all rate hikes indefinitely

What is the expected inflation rate a year from now according to the discussion?

• The same as today

• Lower than today

• Higher than today

• Unpredictable