General World News

The stock market’s inflation fears are overblown as explosive economic growth is primed to create a perfect ‘mix’ for more gains, says a Wall Street chief strategist

Traders and financial professionals work on the floor of the New York Stock Exchange

Summary List Placement

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.

In fact, a monthly details ⇒

BusinessMediaguide.Com portal received this content from this noted web source: BusinessInsider.Com