In his first public remarks about the market turmoil, Paulsen said in a Wall Street Journal interview that he expects, however, there will be “a penalty on the growth rate” of the U.S. economy.
But, the turmoil, he said, came "against a backdrop of a very healthy global economy with strong fundamentals," and he predicts the economy will keep growing.
"Looking over periods of stress that I've seen, this is the strongest global economy we've had," Paulsen, former chief executive at Goldman-Sachs, said.
Boston schools pull out free condoms over wrapping complaints
NBC reportedly holds celebs hostage to Jimmy Fallon's show