Stocks have entered a new bull market and the S&P 500 could soar 26% in the next 12 months, Leuthold Group's Jim Paulsen says

Dec 9 2022 by Business Insider

 

Brendan McDermid/Reuters

The S&P 500 could spike 26% to hit 5,000 in the next 12 months, Leuthold Group's investment chief says.  "I think the lows are in and I think we're starting a new bull market," Jim Paulsen told Bloomberg.  He said the US economy is likely to avoid a recession, supporting the S&P 500 rising to a new milestone. 

Stocks are entering a fresh bull cycle after a painful 2022 performance, supported by the potential of the world's largest economy sidestepping a recession,...

Continue Reading Stocks have entered a new bull market and the S&P 500 could soar 26% in the next 12 months, Leuthold Group's Jim Paulsen says