Economist: Depression Will Lead To Boom Unlisted Video
3 years ago
82
News
Jim Paulsen
S&P 500 INDEX-CBOE
Stock Market
Television In The United States
Television
Economy
CNBC
Englewood Cliffs
New Jersey
S&P 500 INDEX - CBOE
A prominent Wall Street strategist told CNBC the stock market may see a "wartime boom" next year following the US economy's "depression-like collapse."
Jim Paulsen is one of a hand full of economists who have predicted US GDP could rebound strongly in the first quarter next year.
Paulson said companies have cut down on costs and increase efficiencies to survive the collapse.
"A lot of that boom will fall to the bottom line in a bigger way than people currently expect," Paulsen said.
"We could have a big profit recovery."
Loading comments...
-
3:56
KNXV
3 years agoDr. Will Moreland shares signs of depression, a silent killer
11 -
1:03
WPTV
3 years agoTropical Depression 15 forms
69 -
2:16
NowYouKnowHindi
3 years agoDepression क्या है *
4 -
2:16
NowYouKnowHindi
3 years agoDepression क्या है
1.23K -
2:11
NowYouKnowEnglish
3 years agoWhat Is Depression *
8 -
2:11
NowYouKnowEnglish
3 years agoWhat Is Depression
1.76K -
0:49
MGcreations
3 years agoStickman Fight: Depression Vs. Happiness
103 -
1:05
WPTV
3 years agoTropical Depression 11 gradually strengthens
6 -
1:20
WPTV
3 years agoMarco weakens to a tropical Depression
10 -
0:54
Just the News
3 years agoEconomist Paul Romer says coronavirus impact ‘likely to be worse than Great Depression of 1930s’
15