Today news
About the same in other media
'Way overdue for a correction': Long-time bull Jim Paulsen delivers a 10% to 15% pullback forecast
Reading now: 805
cnbc.comThe latest market setback may be a foreshock to a more serious downturn.
The Leuthold Group's Jim Paulsen predicts a 10% to 15% pullback will rattle investors next year due to high valuations and less accommodative Federal Reserve policies.
«We are way overdue for a correction, and we're going to get one,» the firm's chief investment strategist told CNBC's "Trading Nation" on Tuesday. «I would be trying to diversify away from the S&P 500, which I think might take the brunt of it.»
Paulsen, a long-term bull, isn't as concerned about the economic and market impact of the Covid omicron variant.
«It's more likely to prove to be less serious than we fear at the moment. It's not like this is a brand new thing… We have a population that's far more
Read more on cnbc.comAbout this in other media
Uniswap sees 24-hour volume to the tune of $4.8 billion, what’s in store for holders ambcrypto.com /2 years ago
Ethereum bulls retain hopes of $10K despite ETH price chart bear flag cointelegraph.com /2 years ago
Norwegian Block Exchange to become first Nordic crypto platform to list on Euronext cointelegraph.com /2 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
