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 Insider

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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.

Detailed below are the eight reasons Paulsen sees the current inflation scare leading to a thriving economy and strengthened bull market.Inflation fears today mirror those seen during the 1980 recession. That similarity may be what saves markets from their own lofty valuations, according to James Paulsen, chief strategist atStagnant price growth has plagued the US economy for years, and the coronavirus pandemic only worsened the problem.

Detailed below are the eight reasons Paulsen sees today's inflation scare giving way to a thriving economy and surging stock market.Bank of America lays out the under-the-radar indicators showing that huge swaths of the stock market are 'running on fumes' — and warns a September meltdown may just be getting startedThe US working-age population's decade-long annualized growth reached a record-low 0.3% this year, slumping in a downtrend similar to that seen starting in 1980.

Boosting export activity would have a direct and powerful effect on national gross domestic product. Paulsen noted that, in a hypothetical scenario where the balance shifts from a 1% deficit to a 1% surplus, US GDP would improve an entire 2%.The nation's output gap — a measure of the under-utilization of economic resources — sits at a post-war low.

 

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Great. How many people or out of the stock market? How is it any indication of any kind of well being in your, our or any society? When did it get like this? Geez what can we do ?

Share of total Net Worth held by: the top 1% 31.2% bottom 50% 1.4% Guess what propping up the stock markets further will accomplish? Time to curtail the bullshit of Wall Street and start rebuilding Main Street.

Trump a threat to globalists those who profit from thins staying as they are. Root of leaks pressure spin on covid comments. Look at foreign policy wins Kosovo Serbia Israel UAE could have been made years ago

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