Marriage between Wall Street and Main Street looks strong as ever: Jim Paulsen
Jim Paulsen, Leuthold Group chief investment strategist, joins 'Power Lunch' to discuss why he says the pattern for Wall Street and Main Street is similar and that a serious pullback is unlikely. Wall Street always goes up faster than Main Street, says Paulsen. I'm not saying there isn't continued pain and stress on Main Street, he says, and there will be for a long time. But that's not uncommon, according to Paulsen, and it may take many years for Main Street to fully recover.