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'Way overdue for a correction': Long-time bull Jim Paulsen delivers a 10% to 15% pullback forecast
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The 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
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