Paulsen on "Post-Traumatic-Armageddon-Hypochondria"

Wells Capital Management’s James Paulsen continues to say we’re in a correction that is part of a broader bull market — not the beginning of another huge downturn. Paulsen tells Yahoo! TechTicker that what we’re seeing now is “post-traumatic-armageddon-hypochondria” — that is, with the scars of 2008 still fresh, investors take any small bit of negative data and negatively overreact to it.

Send a Comment

Your email address will not be published.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