You know how you always tend to like people who agree with you… Well, I’ve featured Wells’s Jim Paulsen here before, and I know it’s because I really like him—and I’m guessing that’s because he and I have been on the same page for some time.
If you’re reading and listening to my commentaries, Jim’s views regarding last year’s correction (not hanging around long enough to do any good), the need to re-set valuations (i.e., this correction is ultimately a good thing), the present state of the market and where the opportunities lie going forward should sound very familiar to you: