Brightening Economic Data Can Revive Rally

  • Inflation should continue to fall and that can help US stocks return to rally mode, Leuthold Group’s Jim Paulsen told CNBC. 
  • “I think the rally will regain footing yet in the balance of this year,” he said, also noting brighter prospects for corporate earnings. 
  • US stocks staged a bear-market rally this summer but have since been pulling back. 

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