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Aug 31 2022

A Brave New World Or Bizarro World?

  • Aug 31, 2022

The contemporary economic and financial market cycle has been a weird one. It began with the biggest post-war bust in both real GDP and employment, followed almost instantaneously by a boom! It has been characterized by unprecedented use of monetary and fiscal stimulus, the lowest bond yields ever recorded in U.S. history, chronic supply-side shortages, the highest inflation in 40 years, and one of the speediest and most aggressive Fed tightening cycles

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James Paulsen

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James Paulsen / Chief Investment Strategist

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