Paulsen: Recovery Is Sustainable

Wells Capital Chief Investment Strategist James Paulsen says that, while economic problems remain, he sees more improvement for the economy in 2011, and more gains for the market. Paulsen tells Bloomberg that he thinks the consensus will shift in the coming year to a generalized acceptance that the recovery is sustainable. He expects job creation to improve substantially, and thinks investors will begin to price markets as though we are indeed in a sustainable recovery, and not as though there is a high risk of another recession or crisis.


Send a Comment

Your email address will not be published. Required fields are marked *