Jim Paulsen Says Wall Street Traders Miss Lingering Policy Risks
No matter how rosy Wall Street’s expectations on the economy have been lately, they generally underestimated the reality, supporting risk-on moods that propelled the stock market advance. That pillar of...
By Geoffrey Morgan · Bloomberg Markets
No matter how rosy Wall Street’s expectations on the economy have been lately, they generally underestimated the reality, supporting risk-on moods that propelled the stock market advance. That pillar of support may be dwindling soon.