Markets

US stocks are facing a perfect alignment of conditions that will help monstrous earnings growth translate into sizable share gains, according to a Wall Street chief strategist

Expectations for strong profit growth amid low yields in 2021 should send stocks soaring, said James Paulsen, the chief investment strategist for The Leuthold Group. Historically, periods with yields in their lowest tripartite allow for strong earnings to drive the biggest market gains. With economic reopening around the corner, stocks […]
US stocks are facing a perfect alignment of conditions that will help monstrous earnings growth translate into sizable share gains, according to a Wall Street chief strategist
News

‘A banner year’: US GDP will grow 6% in 2021 as businesses feel the full effect of pandemic relief policies, says a chief investment strategist

Leuthold Group’s Jim Paulsen told CNBC on Tuesday he expects US gross domestic product to grow 6% in 2021 in a “banner year” for the economy. The chief investment strategist explained that several pandemic relief policies that were implemented in 2020 won’t take effect until 2021. This impact — coupled […]
‘A banner year’: US GDP will grow 6% in 2021 as businesses feel the full effect of pandemic relief policies, says a chief investment strategist
Markets

A Wall Street chief strategist details 8 ways today’s economy mirrors the 1980s recession recovery — and how it can lift stocks even higher

Today’s inflation concerns mirror those seen after the 1980 economic slump. And James Paulsen, chief strategist at The Leuthold Group, sees the trend as a boon for markets. The inflation surge seen four decades ago kicked off “a fabulous ‘disinflationary,’ two-decade performance in both the economy and the stock market,” […]
A Wall Street chief strategist details 8 ways today’s economy mirrors the 1980s recession recovery — and how it can lift stocks even higher
Markets

A Wall Street chief strategist details 4 reasons why big-company profits have been remarkably resilient during the pandemic — and explains how that’s helped the red-hot stock rally

S&P 500 corporate profits are holding up far better than they did in past recessions, and it helping fuel the stock market’s summer rally, says James Paulsen, chief investment strategist at The Leuthold Group. Shrinking GDP typically drives profit declines roughly four to five times larger than what was seen […]
A Wall Street chief strategist details 4 reasons why big-company profits have been remarkably resilient during the pandemic — and explains how that’s helped the red-hot stock rally
Markets

We’re in the ‘early innings’ of a bull market, and any temporary correction will be just a buying opportunity, Leuthold strategy chief Jim Paulsen says

Jim Paulsen said during a Leuthold Group webinar on Thursday that he believes stocks are in the early innings of a bull market. The chief investment strategist said investors should be prepared for more than one correction, but they won’t be permanent and could be buying opportunities. Paulsen added that […]
We’re in the ‘early innings’ of a bull market, and any temporary correction will be just a buying opportunity, Leuthold strategy chief Jim Paulsen says
Markets

A Wall Street chief strategist says consider buying dirt-cheap ‘mighty microcap’ stocks, which have done even better than their large-cap peers since the coronavirus crash

Microcap stocks are performing just as well as some investors’ favourite picks but at far cheaper valuations, James Paulsen, chief investment strategist at The Leuthold Group, highlighted in a note. The “mighty microcaps” have outperformed their tech-sector peers and even the S&P 500’s Growth Index, despite growth names usually gaining […]
A Wall Street chief strategist says consider buying dirt-cheap ‘mighty microcap’ stocks, which have done even better than their large-cap peers since the coronavirus crash
Markets

Why historically high unemployment should embolden investors to take more market risk, according to a Wall Street chief strategist

The still-lofty unemployment rate offers investors the latest sign to return to the stock market, James Paulsen, chief investment strategist at The Leuthold Group, said Thursday. The S&P 500’s average annual return in years when the unemployment rate exceeded 8% is roughly 25%, the strategist observed. When joblessness slid below […]
Why historically high unemployment should embolden investors to take more market risk, according to a Wall Street chief strategist