The chief strategist at JPMorgan's $1.7 trillion funds arm reveals the '3 most dangerous words in ec

David Kelly, the chief global strategist at JPMorgan Asset Management, said the global economy is slowing because businesses are delaying decisions, particularly around manufacturing. "'Wait and see' are the three most dangerous words in economics," he said. Kelly said he expected growth to expand at a rate of just 2% this year, down from 3% in 2018. Businesses are facing no shortage of global uncertainty, and their hesitance is slowing down the economy. That was the argument made by...