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The US stock market continued to weaken in recent trading days, and major stock indexes fell for three consecutive trading days until Tuesday. However, Jim Paulsen, a well-known Wall Street figure who has been bullish on the market for a long time and chief investment strategist at Leuthold Group, said that this may not be a normal market fluctuation. He believes this is more likely to indicate that a bigger crisis is imminent — for example, the market may experience a 10% to 20% pullback.
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The US stock market continued to weaken in recent trading days, and major stock indexes fell for three consecutive trading days until Tuesday. However, Jim Paulsen, a well-known Wall Street figure who has been bullish on the market for a long time and chief investment strategist at Leuthold Group, said that this may not be a normal market fluctuation. He believes this is more likely to indicate that a bigger crisis is imminent — for example, the market may experience a 10% to 20% pullback.
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