Excess Returns  cover image

The Case for a Broadening Bull Market | Jim Paulsen

Excess Returns

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Navigating Economic Caution

This chapter examines the current economic landscape, revealing a surprising juxtaposition between financial stability and consumer pessimism. Despite challenges such as high mortgage rates and low job creation, there is an optimistic outlook for avoiding an impending recession, supported by strong cash flows and potential shifts in Federal Reserve policy.

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