In the News

Title

"Wells Capital's Paulsen: Strong Investor Sentiment Threatens Stocks "

Document Type

Article

Publication Date

4-8-2015

Abstract

The S&P 500 index stands less than 2 percent from its record high, but Jim Paulsen, chief investment strategist for Wells Capital Management, sees risk for stocks in the near term.

"Recently, we have become concerned about three major challenges facing the U.S. stock market — investor sentiment has become a bit too calm and confident, valuations are a bit
too extended, and interest rates finally seem likely to soon be reset higher," he writes in a commentary provided to Newsmax Finance.