Today news
About the same in other media
Market bull Jim Paulsen downplays inflation fears, sees rising prices contributing to an economic boom
Reading now: 813
cnbc.comA long-term bull believes inflation shouldn't scare investors.
According to Jim Paulsen of the Leuthold Group, rising prices should boost the market and economy.
«If we just end up elevating the rate of inflation a little bit on a permanent basis, I think that might actually do a lot of good,» the firm's chief investment strategist told CNBC's "Trading Nation" on Monday. «We've been fighting inflation for four decades in this country — always being quick to tighten, slow to ease. And the result is we've created some of the most sluggish growth over the last 15 years we've had in the entire postwar history.»
Paulsen contends higher inflation encourages more aggressive behaviors by both businesses and consumers with profitable results.
«It
Read more on cnbc.comAbout this in other media
'Overtime, we will see the NFT market broaden,' says Ripple’s CTO David Schwartz cointelegraph.com /3 years ago
Shiba Inu, Bitcoin Cash, The Sandbox Price Analysis: 5 November ambcrypto.com /3 years ago
Hawkish Fed comments and fears of stablecoin regulation spark market sell-off cointelegraph.com /3 years ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
