But JPMorgan's calculations hinge on a slew of unknown knowns — spending behaviors on the back of lower taxes, the Fed's monetary offset, and whether animal spirits will be unleashed thanks to weaker financial and environmental regulations — that provide ammunition for economic bulls and bears alike.
But despite a prospective volley of economic tailwinds, the JPMorgan analyst isn't forecasting growth above 2 percent — a far cry from Trump's rallying cry during the presidential campaign for 4 percent output.
This article was provided by Bloomberg.