Aggressively . Joining me right now is the chief economist for jpmorgan chase, michael faroli. Good to see you, michael. My pleasure. Maria let me get your take in terms of the broad economy, how do you see things . Right. So right now theres a lot of crosscurrents. We do think Second Quarter growth is a little softer than First Quarter growth. The hard data looks okay, right . That alone wouldnt call for a rate cut, but there are some worrying clouds on the horizon. We have seen particularly business surveys that have softened some, so there is some concern that the trade tensions may be contributing to a little bit of caution on the part of businesses particularly with respect to capital spending. Maria mike, do you think were going to see a china deal . I doubt it. [laughter] i mean, look, i think were all guessing here, of course. None of us can read the minds of either leaders of the country, but right now the headlines dont sound particularly encouraging. Some of the issues seem
Chief economist for jpmorgan chase, michael faroli. Good to see you, michael. My pleasure. Maria let me get your take in terms of the broad economy, how do you see things . Right. So right now theres a lot of crosscurrents. We do think Second Quarter growth is a little softer than First Quarter growth. The hard data looks okay, right . That alone wouldnt call for a rate cut, but there are some worrying clouds on the horizon. We have seen particularly business surveys that have softened some, so there is some concern that the trade tensions may be contributing to a little bit of caution on the part of businesses particularly with respect to capital spending. Maria mike, do you think were going to see a china deal . I doubt it. [laughter] i mean, look, i think were all guessing here, of course. None of us can read the minds of either leaders of the country, but right now the headlines dont sound particularly encouraging. Some of the issues seem rather intractable particularly as they rel
Chief economist for jpmorgan chase, michael faroli. Good to see you, michael. My pleasure. Maria let me get your take in terms of the broad economy, how do you see things . Right. So right now theres a lot of crosscurrents. We do think Second Quarter growth is a little softer than First Quarter growth. The hard data looks okay, right . That alone wouldnt call for a rate cut, but there are some worrying clouds on the horizon. We have seen particularly business surveys that have softened some, so there is some concern that the trade tensions may be contributing to a little bit of caution on the part of businesses particularly with respect to capital spending. Maria mike, do you think were going to see a china deal . I doubt it. [laughter] i mean, look, i think were all guessing here, of course. None of us can read the minds of either leaders of the country, but right now the headlines dont sound particularly encouraging. Some of the issues seem rather intractable particularly as they rel
Chief economist for jpmorgan chase, michael faroli. Good to see you, michael. My pleasure. Maria let me get your take in terms of the broad economy, how do you see things . Right. So right now theres a lot of crosscurrents. We do think Second Quarter growth is a little softer than First Quarter growth. The hard data looks okay, right . That alone wouldnt call for a rate cut, but there are some worrying clouds on the horizon. We have seen particularly business surveys that have softened some, so there is some concern that the trade tensions may be contributing to a little bit of caution on the part of businesses particularly with respect to capital spending. Maria mike, do you think were going to see a china deal . I doubt it. [laughter] i mean, look, i think were all guessing here, of course. None of us can read the minds of either leaders of the country, but right now the headlines dont sound particularly encouraging. Some of the issues seem rather intractable particularly as they rel
Chief economist for jpmorgan chase, michael faroli. Good to see you, michael. My pleasure. Maria let me get your take in terms of the broad economy, how do you see things . Right. So right now theres a lot of crosscurrents. We do think Second Quarter growth is a little softer than First Quarter growth. The hard data looks okay, right . That alone wouldnt call for a rate cut, but there are some worrying clouds on the horizon. We have seen particularly business surveys that have softened some, so there is some concern that the trade tensions may be contributing to a little bit of caution on the part of businesses particularly with respect to capital spending. Maria mike, do you think were going to see a china deal . I doubt it. [laughter] i mean, look, i think were all guessing here, of course. None of us can read the minds of either leaders of the country, but right now the headlines dont sound particularly encouraging. Some of the issues seem rather intractable particularly as they rel