Leuthold's Paulsen says fundamentals are pushing for a rally

Money Life with Chuck Jaffe

Jim Paulsen, chief investment strategist for Leuthold Weeden Capital Management, says that inflation is the big risk facing the market, but he downplays the potential for inflation to last once supply-chain issues and demand levels normalize post-pandemic. Meanwhile, he makes the case that the stock market could rise from now through the end of the year and still enter 2022 relatively cheap, with the Standard and Poor's 500 trading at less than 20 times earnings, a level which would keep the bull market rolling. Also on the show, Ted Rossman of CreditCards.com discusses Americans' tipping habits and how they talked a better game than they played during the coronavirus epidemic, and Bernie Horn, manager of Polaris Global Value fund talks about where in the world he's investing and what stands out to him now in the Market Call.