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The stock market’s inflation fears may be overblown if explosive economic growth comes to fruition to create a perfect “mix” for more gains, according to James Paulsen, Chief Investment Strategist of The Leuthold Group.
In a letter to investors on Friday, Paulsen said that although inflation may be on the rise, that hasn’t always meant poor returns for the stock market as long as real economic growth is strong.
And with the post-pandemic reopening in sight, many analysts are arguing real economic growth will be impressive in the second half of the year.
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