Every atomic assertion extracted from the underlying record, ranked by evidence strength.
David Kelly states that the pricing of central banks and short-term interest rates are "most out of whack."
David Kelly believes monetary policy in the developed world is positioned for depression.
David Kelly thinks risk assets still look relatively attractive given the extraordinarily low short-term interest rates.
David Kelly would be a little overweight equities globally in the current environment.
David Kelly states that cash is in the hands of people (corporations) who are not inclined to spend it.
The S&P 500 is up four-tenths percent or eight points to 2070.
The Dow Jones Industrial Average is up about four-tenths percent or 66 points to 70.
The Nasdaq is up 0.7% or 33 points to $49.05.
The Ten-year Treasury is down 4.30 seconds, with a yield of 1.78%.
The yield on the Two-year Treasury is 0.75%.
NYMEX crude oil is down 1% or 44 cents to $41.73 a barrel.
COMEX Gold is down 0.8% or $9.90 to $12.51 an ounce.
David Kelly is the chief global strategist at J.P. Morgan Funds.
David Kelly states that there is no particular part of the world currently adding to global growth.
David Kelly believes the global economy is moving forward and will not fall into a free fall.
David Kelly states that short-term interest rates are extraordinarily low.
David Kelly suggests ignoring GDP numbers and looking to jobs numbers.
ETF markets experience reduced volume and liquidity after 4 p.m. until the next morning.
The Hartford focuses on helping businesses manage risk before it becomes disruptive.
The American Arbitration Association has been the global leader in alternative dispute resolution for over 85 years.
Stocks are higher at the open.
David Kelly states that surveys show businesses do not regard their inventories as too high.
David Kelly trusts employment numbers more than GDP numbers, particularly for the first quarter.
David Kelly states that the government has a real problem getting first quarters right.
David Kelly notes a big revival in labor force participation in the last six months.
David Kelly states that something like 2.4 million people have been added to the labor force.
David Kelly states that the labor force will only grow by about five-tenths of a percent per year in the long run.
David Kelly states that anything above 80,000 or 90,000 jobs per month will push unemployment down.
David Kelly believes pushing more demands into an economy with low labor force and productivity growth doesn't work.
David Kelly believes U.S. equities have some upside.
David Kelly suggests high-quality fixed-income treasuries and cash are underweight.
David Kelly sees a cyclical opportunity in Europe with years of growth ahead.
David Kelly states that if cash pays nothing, one needs to be invested in something.
David Kelly prefers buying assets producing more growth and less income as a long-term investor.
Mike McKee states that it's not the data that makes mistakes, but the people who react to the data.
Mike McKee states that they have more data and more accurate, more timely data than ever before.
Janet Yellen states there is uncertainty in the economy.
Janet Yellen repeats that uncertainty warrants a cautious approach by the Fed.
David Kelly expects a nasty first quarter GDP report out of the U.S.
David Kelly thinks U.S. first quarter GDP could be as weak as negative 1 percent, depending on inventory numbers.
David Kelly expects a pretty weak first quarter earnings season.
David Kelly predicts a big bounce back by the end of the year for the economy and earnings.
David Kelly believes there is a lot of "war chesting" by companies and not enough basic spending by companies and consumers.
David Kelly attributes the problem of corporate cash hoarding to central banks.
David Kelly believes central banks are contributing to low nominal GDP growth.
David Kelly identifies a very complicated and punitive corporate tax structure in the U.S. as hurting growth.
Dividend ETFs are out to new highs.
Blue chip cash generators are out to new highs.
Earnings have been contracting for a year.
Forecasts suggest earnings contraction will continue for a while.
David Kelly takes issue with the concept of an "earnings recession" because it is not broad-based.
David Kelly attributes the earnings decline to the dollar and oil headwinds.
David Kelly does not think we are in any recession.
David Kelly states that overall corporate profits are positive outside of dollar and oil headwinds.
David Kelly forecasts that dollar and oil headwinds will turn into tailwinds by the end of the year.
David Kelly forecasts that profits will bounce back to double-digit year-over-year growth by the end of the year.
David Kelly believes constant government action has been the problem for the last 20 years.
David Kelly states that more government action squashes animal spirits and natural greed.
David Kelly believes the "morphine drip" of federal regulation and inappropriately easy money is slowing long-term growth and demand.
David Kelly suggests the government needs to "get out of the way."