Stocks can go back to record highs if the Fed can fix the bond market, strategist Jim Paulsen says

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Stocks can go back to record if the Fed can fix the bond market, strategist Jim Paulsen says

addresses the current upside down yields in the bond market, the Leuthold Group's chief investment strategist told CNBC Wednesday.

That inverted yield curve, when shorter-term bonds deliver higher rates than longer-term bonds, has historically signaled a recession on the horizon. Talk of the Fed keeping interest rates on hold for a while has shifted to calls for rate cuts to support any slide in economic growth. Hopes for a rate reduction were supporting stocks again, after Wall Street saw its second-best day of the year on Tuesday. As of Tuesday's close, thePaulsen said the U.S. couldn't have picked a better time to increase tariffs because price pressures are so low that the Fed would actually welcome any increases in inflation. U.S.

 

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Is that because valuation has no real meaning, and only momentum counts?

So now the Fed is supposed to 'fix' the bond market? Great. Maybe the Fed can also mow my lawn.

Fed is a little late, but better late than never. Should have made this announcement the day after China reneged on their trade agreements, & became belligerent.

its just bla bla no more

LMAO You permabulls will cling to any iceberg as it melts away

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 /  🏆 12. in TH

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