JPMorgan Strategist Says Rate Cuts Will Fix Nothing, Calls US Economy a ‘Tortoise That’s Pretty Much out of Breath

A top-level executive at banking titan JPMorgan Chase warns that the US economy is slowing way down. In a new interview on CNBC Television, JPMorgan Asset Management’s chief global strategist, David Kelly, says that the lackluster August jobs report and other economic data indicate a sluggish US economy that’s worsening. source: https://dailyhodl.com/2025/09/06/jpmorgan-strategist-calls-us-economy-a-tortoise-thats-pretty-much-out-of-breath-says-expected-rate-cuts-wont-fix-anything/