JPM's Kasman Says U.S. Economy Can Hold 3% Pace of Growth

The video discusses the US GDP report, highlighting that it may not fully reflect current policies but indicates a strong economy. It examines economic indicators like private sector recovery and balanced income growth, alongside the impact of fiscal stimulus. The discussion suggests that fiscal stimulus could add about half a percent to GDP annually in 2018 and 2019. The video concludes with an optimistic economic outlook, noting the absence of late-cycle pressures and aggressive Fed actions, suggesting continued growth.

What factors contribute to the positive outlook on the US economy mentioned in the text?

What is the significance of the president's tweets in relation to fiscal stimulus?

How does the speaker view the impact of fiscal stimulus on GDP growth?

What does the speaker suggest about the potential growth rate of the economy in 2019?

What late cycle pressures have not been observed according to the speaker?