This is more of a traditional “correction” than a cycle-ending bear market, says Jim Paulsen. He talks about how markets are higher after today’s jobless claims and GDP data. He also talks about how he does not see high odds of a near-term recession, as well as reasons why inflation may have peaked. He then goes over stocks to like such as consumer discretionary, industrial, and financial, in addition to stocks to avoid including commodities and defensive sectors. Tune in to find out more.
Trading 360
26 May 2022
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