Year-End 1500 for S&P 500? What It Will Take to Crack March Highs
A handful of four primary vectors were drawn up today by the chief investment strategist over at Wells Capital Management, Jim Paulsen, in an interview on his 1,500 target for the S&P 500. In an opening salvo against market crisis neuroses, Paulsen pegged Europe as no longer being a crisis in any proper sense, as the cyclical nature he predicts will be evinced once again at the European Summit this week. The argument is that Europe is basically a "chronic problem.” Europe is a problem that will be with us for decades, but not one that will derail a global…