It's Different This Time
"Some people never change, and it's fools like me who believe this time will be different." -- AnonymousLet's now examine where I disagree with Jim Paulsen's views expressed on CNBC's "Squawk Box." History might rhyme, but the domestic economy (and for that matter the global economy) is in a much different place in 2013 compared to the previous time frames that Jim has examined. Specifically, the U.S. economy is far more fragile and dependent upon the policy of easing, arguably, more than any time in history. In support of the case for sluggish domestic economic growth, watch Avondale Chief Market Strategist (and transportation expert) Donald Broughton's comments on "Squawk Box" on Tuesday.