Dr. David Kelly is chief market strategist for JPMorgan Funds. Prior to joining JPMorgan Funds, Kelly served as economic advisor to Putnam Investments. He has also served as a senior strategist/economist at SPP Investment Management, Primark Decision Economics, Lehman Brothers and DRI/McGraw-Hill. He is a CFA charterholder.
Investors should take advantage of the recovering economy now in order to reap rewards in the future.
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It will take years to get back to full employment and deflation rather than inflation seems to be the greater threat.
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Analysts’ estimates for earnings for the rest of the year continue to move up sharply.
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