Tom Keene Talks to JPMorgan Chase's James Glassman

Tom talks with James Glassman, senior U.S. economist for JPMorgan Chase, about wages, the Fed, and animal spirits

Why does everyone have the same opinion on the economy?
If you look at the economy, it has been trending slow but steady. So I think what you are seeing is a belief that we are not going to see too much change from the trend. For most people the elephant in the room is how we are going to get through the fiscal cliff. If we find a way through, as I think we will, I think moods are going to improve a fair amount.

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