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The nine-year-old bull stock market may be running out of wind, according to some investment gurus.
“It’s been almost too good,” said Jim Paulsen, chief investment strategist at the Leuthold Group, who was one of the early believers in the 2009 market rally from the depths of the Great Recession.
“And when things have been too good in the market, it can take just one bad item …,” Paulsen said. “I don’t see a bear market because we’re nowhere near a recession. But most of the good things are already priced into the market.”