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The Latest Breaking News from David Kelly

The betrayal behind the data-center backlash: AI promised to break the rules of class but is just rewarding them so far

The people reaping the rewards of the AI revolution aren't the ones that we were told would be.

Fortune

Community buses aim to catch a ride with £2 fare cap scheme

Community-owned bus services across Glasgow and the West of Scotland are weighing up the decision to charge £2 for a single journey under the new…

The National (Scotland)

The $40 trillion national debt and the bond market's revolt: top Wall Street strategists explain how we got into this mess

David Kelly and Torsten Slok reached the same conclusion from opposite directions: with DC unwilling to touch the deficit, the bond market is the bad cop.

Fortune

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This Week in History: The fall of the Iron Curtain

Explore how major events between 24 and 30 August were captured on The Independent’s front pages

The Independent UK

Over 400% of GDP: top analyst finds corporate equity double the level from the dotcom bubble — and triple 1987's Black Monday

How high can markets get?

Fortune

‘So Much Creepier’: Woman’s Town Installs AI-Powered Traffic Cameras. Then She Realizes What Else They’re Tracking

"Flock cameras are all over my small town..."

Motor1

'Yet another way in which 2026 is looking like 1999’: Top analyst fears bubble popping with investors and Wall Street out over their skis

The Nasdaq's sudden lurch lower on Friday looked like a crack in a story that had seemed, until recently, almost bulletproof.

Fortune

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Top JPMorgan analyst maps 5 ways America's debt crisis could unfold—and the 'best case' is still alarming

JPMorgan's David Kelly maps out five scenarios for the national debt over the next decade — the best-case is pretty, pretty bad.

Fortune

Leah Purcell continues exploring The Drover’s Wife – and opera might be its perfect form

Leah Purcell has told the story of The Drover’s Wife across play, novel, film and now opera. Each form has extended its political and emotional reach.

The Conversation

Goldman: AI will save the economy someday. First, it has to stop inflating it

The AI productivity boom hasn't quite arrived yet, but the inflation from building it has. Maybe Gen Z is onto something with their AI rebellion.

Fortune

Sir Humphrey moments: a brief history of bust-ups between ministers and mandarins

Olly Robbins gave MPs a classic civil servant’s performance – and there are lessons from the past about how ministers should respond

The Guardian - UK

Top analyst: Trump's economy marked by 'soggy consumption, weak job gains and a sour public mood'

J.P. Morgan’s David Kelly sees a political earthquake in 2026, while Société Générale’s Albert Edwards is alarmed by just how little Americans are saving.

Fortune

Why American stocks are out of favor on the global stage

Investors are looking to increase their exposure outside of the U.S. amid policy uncertainty under the Trump administration and heightened fears about high valuations and an AI bubble.

Axios

Top analyst sees 'genuine cracks for mid- to lower-end consumers' as the K-shaped economy continues to bite

Mid- to lower-income households are struggling with an "affordability crisis," notes Lisa Shalett of Morgan Stanley Wealth Management. Credit stress is "flashing yellow."

Fortune

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The Guardian - AU

Morning Mail: Hannah Clarke’s last texts, Korea’s coal change, Trump ‘panicking’ over Epstein

Our investigation sheds new light on the final weeks of the Brisbane mother’s life; exporters put on notice over country’s fossil fuel switch off

Fortune

Trump blames 'Too Late Powell' for the housing crisis—but top analysts say low rates 'snapped the trap shut' on Millennial and Gen Z homeowners in the first place

Despite multiple Fed cuts, mortgage rates remain elevated as lenders largely ignore monetary policy amid tight housing supply, pandemic-era buying.

Benzinga

'Going Broke Slowly': Top Strategist Sounds Alarm On Mounting US Debt Fueled By Political Decisions

The U.S. is heading towards a financial crisis, and the process is happening at a slow pace, cautioned David Kelly, the chief global strategist at J.P. Morgan Asset Management.

Benzinga

Stock Market Today: S&P 500, Nasdaq Futures Rise— Bank Of America, Morgan Stanley, Abbott Earnings In Focus (UPDATED)

Editor’s note: The future prices of benchmark tracking ETFs, the lede, and the latest economic releases were updated in the story.

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Fortune

America is ‘going broke slowly’ says J.P. Morgan, as national debt balloons and tariff revenue looks shaky

The risk is “that we move from going broke slowly to going broke quickly,” Kelly says.

Fortune

Leading across borders: How Hilton adapted a winning culture to 50 European countries

Part of Hilton's success as an employer comes from a comprehensive set of structured employee benefits and support programs.

The Independent UK

Hero waiter foils potential bloodbath after overhearing customers talk about shooting up nearby bank: police

Police allegedly found David Kelly and Bryan Hardin sitting in a car outside a Wells Fargo bank when they were arrested

Fortune

The 'Warren Buffett Indicator' has surged above 200%, meaning the market's price is far ahead of the economy's size

Buffett has likened investing in this environment to "playing with fire."

Fortune

Top analyst says the U.S. bull market dates all the way back to the 1980s, and stocks just hit a potentially unsustainable 363% of GDP

It was only 212% at the height of the dotcom bubble, according to calculations by JP Morgan Asset Management's David Kelly.

Fortune

The Fed got it wrong and is late again, top economist says, as job gains collapse

"So could they play catch-up? Yes, they could. Hopefully they will, but it's a more risky operation than a lot of people expect it to be."

The Guardian - UK

Frank Grimes obituary

Actor who had a long career on the London stage, mentored by Lindsay Anderson, and appeared in films and popular TV series

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