{"id":105087,"date":"2020-11-05T01:53:00","date_gmt":"2020-11-04T22:53:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/why-a-growth-bomb-may-be-about-to-ignite-the-economy\/"},"modified":"2020-11-05T01:53:00","modified_gmt":"2020-11-04T22:53:00","slug":"why-a-growth-bomb-may-be-about-to-ignite-the-economy","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/why-a-growth-bomb-may-be-about-to-ignite-the-economy\/","title":{"rendered":"#\n  Why a \u2018growth bomb\u2019 may be about to ignite the economy"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a3f7f6e210a7\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a3f7f6e210a7\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/why-a-growth-bomb-may-be-about-to-ignite-the-economy\/#Leuthold_Group_CIO_Jim_Paulsen_is_bullish_on_the_US_economy_amid_pent-up_demand\" >Leuthold Group CIO Jim Paulsen is bullish on the U.S. economy amid pent-up demand.<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/why-a-growth-bomb-may-be-about-to-ignite-the-economy\/#Is_a_%E2%80%9Cgrowth_bomb%E2%80%9D_on_the_way\" >Is a &#8220;growth bomb&#8221; on the way?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/buradabiliyorum.com\/en\/why-a-growth-bomb-may-be-about-to-ignite-the-economy\/#Shawn_Langlois\" >Shawn Langlois<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<p>&#8220;<strong>#<br \/>\n  Why a \u2018growth bomb\u2019 may be about to ignite the economy<br \/>\n<\/strong>&#8221;<\/p>\n<h2 class=\"article__subhead\" itemprop=\"alternativeHeadline\"><span class=\"ez-toc-section\" id=\"Leuthold_Group_CIO_Jim_Paulsen_is_bullish_on_the_US_economy_amid_pent-up_demand\"><\/span>\n  Leuthold Group CIO Jim Paulsen is bullish on the U.S. economy amid pent-up demand.<br \/>\n<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><\/p>\n<div class=\"column column--full article__content\">\n<div id=\"js-article__body\" class=\"article__body article-wrap at16-col16 barrons-article-wrap\" itemprop=\"articleBody\" data-sbid=\"WP-MKTW-0000057449\">\n<div class=\"barrons-article-ad-wrapper\">\n<div data-track=\"barrons-article-ad-wrap\" class=\"barrons-article-ad sticky_item\">\n<div class=\"barrons-main-article-ad-target sticky_target body_ad\" aria-hidden=\"true\"><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div data-layout=\"inline\n              \" data-layout-mobile=\"\" class=\"\n        media-object\n        type-InsetMediaIllustration\n          inline\n  article__inset\n        article__inset--type-InsetMediaIllustration\n          article__inset--inline\n  \"><\/p>\n<figure class=\"\n        media-object-image\n        enlarge-image\n        renoImageFormat-\n        img-inline\n        article__inset__image\n      \" itemscope itemtype=\"http:\/\/schema.org\/ImageObject\"><\/p>\n<div style=\"padding-bottom:56.21212121212121%;\" data-mobile-ratio=\"56.21212121212121%\" data-layout-ratio=\"56.21212121212121%\" data-subtype=\"\" class=\"image-container  responsive-media article__inset__image__image\">\n        <img decoding=\"async\" srcset=\"https:\/\/images.mktw.net\/im-255073\/horizontal?width=140&amp;size=1.778975741239892 140w,\nhttps:\/\/images.mktw.net\/im-255073\/horizontal?width=540&amp;size=1.778975741239892 540w,\nhttps:\/\/images.mktw.net\/im-255073\/horizontal?width=620&amp;size=1.778975741239892 620w,\nhttps:\/\/images.mktw.net\/im-255073\/horizontal?width=700&amp;size=1.778975741239892 700w,\nhttps:\/\/images.mktw.net\/im-255073\/horizontal?width=860&amp;size=1.778975741239892 860w,\nhttps:\/\/images.mktw.net\/im-255073\/horizontal?width=1260&amp;size=1.778975741239892 1260w\" sizes=\"(max-width: 140px) 100px,\n(max-width: 540px) 500px,\n(max-width: 620px) 580px,\n(max-width: 700px) 660px,\n(max-width: 860px) 820px,\n1260px\" src=\"https:\/\/images.mktw.net\/im-255073\/horizontal?width=620&amp;size=1.778975741239892\" data-enlarge=\"https:\/\/images.mktw.net\/im-255073\/horizontal?width=1260&amp;size=1.778975741239892\" alt=\"\" title='Is a \"growth bomb\" on the way?'><\/div><figcaption class=\"wsj-article-caption article__inset__image__caption\" itemprop=\"caption\">\n<h4 class=\"wsj-article-caption-content\"><span class=\"ez-toc-section\" id=\"Is_a_%E2%80%9Cgrowth_bomb%E2%80%9D_on_the_way\"><\/span>Is a &#8220;growth bomb&#8221; on the way?<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>      <span class=\"wsj-article-credit article__inset__image__caption__credit\" itemprop=\"creator\"><br \/>\n            AFP via Getty Images<br \/>\n          <\/span><br \/>\n  <\/figcaption><\/figure>\n<\/div>\n<div data-layout=\"inline\n              \" data-layout-mobile=\"\" class=\"\n        media-object\n        type-InsetPullQuote\n          inline\n    scope-web|mobileapps\n  article__inset\n        article__inset--type-InsetPullQuote\n          article__inset--inline\n  \"><\/p>\n<div class=\"wsj-article-pullquote article__inset__pullquote \">\n<p class=\"pullquote-content article__inset__pullquote__quote\">\n        <span class=\"l-qt article__inset__pullquote__mark--left\">\u201c<\/span><br \/>\n         \u2018More than $2.5 trillion of sidelined savings is the fuel for a growth bomb waiting to explode\u2019<br \/>\n        <span class=\"r-qt article__inset__pullquote__mark--right\">\u201d<\/span>\n      <\/p>\n<\/p><\/div>\n<\/p><\/div>\n<p>       That\u2019s Leuthold Group CIO Jim Paulsen waxing bullish in a recent note about the growth prospects for a U.S. economy coming off a relatively robust quarter that saw gross domestic product soar at a record 33.1% annual rate. And, as he sees it, the economy\u2019s just getting warmed up.<\/p>\n<p>  \u201cAdditional fuel isn\u2019t needed,\u201d Paulsen wrote. \u201cThe fuse just needs to be lit.\u201d <\/p>\n<div class=\"paywall\">\n       Of course, the latest growth spurt followed on the heels of a record contraction in the second quarter as the pandemic hit the country. Even after the third-quarter bounce back, the economy is still 3.5% smaller now than it was at the end of 2019. <\/p>\n<p>That could all change in a hurry, in Paulsen\u2019s view. Pent-up demand and an increase in savings will provide that fuel for the next leg up, he predicted, adding that an increase in consumer confidence is what will ultimately trigger the growth spurt.<\/p>\n<p> In <a rel=\"nofollow noopener noreferrer\" target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2020-11-04\/economist-jim-paulsen-forecasts-a-growth-bomb\" class=\"icon none\">an email to Bloomberg News<\/a>, Paulsen said\u00a0that the coronavirus relief measures will have a \u201clagged impact\u201d in 2021, and that\u00a0COVID-19 vaccines and\/or treatments will help turn the tide. <\/p>\n<p>His growth estimates for the current quarter and the following four are  7%, 5%, 8%, 5% and 5% \u2014 all of those are notably higher than economists surveyed by Bloomberg are forecasting. <\/p>\n<p>And when consumers eventually jump in with open pocketbooks to meet those goals, Paulsen said factories will have to ramp up production to keep up with demand. \u201cRelative to the level of economic activity, U.S. inventories are the LEANEST EVER!\u201d he told Bloomberg. <\/p>\n<p>Meanwhile, the stock market on Wednesday reflected bullishness among investors, despite the clouds that still hang over the election. The Dow Jones Industrial Average<br \/>\n        DJIA,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/210598065\/realtime\" class=\"positive\">+1.33%<\/bg-quote><br \/>\n       closed up almost 400 points, while the tech-heavy Nasdaq Composite<br \/>\n        COMP,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/210598365\/realtime\" class=\"positive\">+3.85%<\/bg-quote><br \/>\n       fared even better. The S&amp;P 500<br \/>\n        SPX,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/210599714\/realtime\" class=\"positive\">+2.20%<\/bg-quote><br \/>\n       also ended firmly in the green. <\/p><\/div>\n<\/div><\/div>\n<p><\/p>\n<div class=\"byline article__byline\">\n<p>      <span>By<\/span><\/p>\n<div class=\"author  hasMenu\" data-scrim='{\"type\":\"author\",\"header\":\"Shawn Langlois\",\"subhead\":\"The Wall Street Journal\",\"list\":[]}' itemscope itemprop=\"author\" itemtype=\"http:\/\/schema.org\/Person\">\n<h4 itemprop=\"name\"><span class=\"ez-toc-section\" id=\"Shawn_Langlois\"><\/span>Shawn Langlois<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/p><\/div>\n<\/div>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/news\/\" target=\"_blank\" rel=\"noopener noreferrer\">News category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"http:\/\/www.marketwatch.com\/news\/story.asp?guid=%7B21004575-02D4-D4B5-4572-DE069A5D9B4E%7D&#038;siteid=rss&#038;rss=1\" target=\"_blank\" rel=\"noopener noreferrer\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Why a \u2018growth bomb\u2019 may be about to ignite the economy &#8221; Leuthold Group CIO Jim Paulsen is bullish on the U.S. economy amid pent-up demand. Is a &#8220;growth bomb&#8221; on the way? AFP via Getty Images \u201c \u2018More than $2.5 trillion of sidelined savings is the fuel for a growth bomb waiting to&#8230;<\/p>\n","protected":false},"author":1,"featured_media":105088,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[],"class_list":["post-105087","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/105087","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=105087"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/105087\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/105088"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=105087"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=105087"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=105087"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}