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Leuthold's Paulsen: Inflation is a long-term risk but isn't inevitable

"I do believe that inflation is the long-term risk and massive policy tightening could be required, that could prematurely end this recovery," Jim Paulsen, chief investment strategist at the Leuthold Group, told CNBC's "Squawk Box" Wednesday. "But I don't think that necessarily has to happen."
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Wed, Apr 7 20219:05 AM EDT