Jim Paulsen Sees Bullish Run in 2019

By on December 28, 2018

Jim Paulsen - Leuthold GroupA slowing economy and more cautious Federal Reserve next year could extend the longest bull run in history, Leuthold Group’s Jim Paulsen told CNBC on Thursday.

Paulsen is the latest to join a growing chorus, including Art Cashin of UBS and Guggenheim’s Scott Minerd, saying the Fed “is done raising rates and maybe will even cut rates” instead of going through with two more hikes in 2019. The central bank last week lowered its rate rise projection for next year from three to two.

I think we’re going to slow below 2 percent over the next four quarters into 2019 and that might just be enough to … put a pause button on the Fed and bond vigilantes, and I think allow one more run in this bull market,” the chief investment strategist at Leuthold Group said on “Squawk Box.”

Get more aggressive with investments heading into 2019 says Jim Paulsen from CNBC.

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