Jim Paulsen Quotes (13 Quotes)

Thus far, the Fed seemingly has no bite. Normally, when the Fed has raised short-term rates, long-term yields have also risen. Not this time.

There's a fairly consistent theme running through all of the markets, which is tied to the idea that the Fed is nearing the end of the tightening cycle. It was the combo that the Fed's done and the import price number was down.

That certainly is going to fan a little inflation fear here, and going forward it will at least keep people on the watch a little longer on the idea that the Fed is going to keep tightening.

The headline thing today is oil. It's within striking distance of a new high. It adds more fear about how much the economy could slow.

Yields seem to have found a high. Taking bond yields up every day has been a tough one for the stock market, and the fact it would pause is good news at least in short run for stocks.

Consumers are stepping aside, and manufacturing and other business sectors are stepping in. The U.S. business sector is looking very healthy.

When you look through the vast majority of reports - even the ones that are bad - what you see is the undertow is still pretty strong.

The fact that oil broke close to US60 today caused a drop in SP 500 energy stocks.

On net this is not going to be a big event economically. People initially went to the big impact it was going to have, all predicated on the idea that oil was going to go a lot higher (than it has).

We might see a little pause for assessment on stocks next week ahead of the jobs report. From now on, stocks will rise only if investors continue to believe, just like the Fed, that the economy is solid and may absorb higher rates.

It's amazing that in the fourth year of recovery, companies are still reporting double-digit earnings growth.

One of the central characteristics of this entire global recovery is the outsized impact of these new economies. That's one of the reasons why growth has remained strong in the U.S. and profit trends have been remained positive, so if there is any inkling that we are at the front end of slowing that down, that's going to make a dramatic difference.

You've got commodity prices and the cyclical stocks getting hit and all of that happens when people start to question whether the interest rates are biting.