Finance

Under-the-radar trend may provide relief from runaway inflation fears

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A longtime market bull sees an under-the-radar trend that should calm runaway inflation fears, and it has nothing to do with Federal Reserve policy.

According to The Leuthold Group’s Jim Paulsen, private money coming from individuals and companies has been acting as a “very encouraging” market mechanism to help curb inflation.

“We make decisions about whether we save or spend. We make decisions on whether we borrow money or not. And, those all affect the rate of growth of the money supply,” the firm’s chief investment strategist told CNBC’s “Trading Nation” on Monday. “While we’re still debating when the Fed may start tapering … the reality is the money supply in this country has been…



Source cnbc.com

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