Veteran investor Jim Paulsen says cease worrying whether or not the Federal Reserve is completed elevating rates of interest as a result of the tightening cycle for monetary belongings has already ended.

“I don’t actually care what the Fed goes to do as a result of the Fed isn’t driving this ship,” the chief funding strategist at The Leuthold Group stated in a Bloomberg Tv interview Thursday. “If I have a look at what’s taking place, we’re already right into a model new easing cycle proper now. Do you need to miss an easing cycle?”