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Jim Paulsen: S&P 500 Can Reach 1,500 on Economic Rebound in US

“The Standard & Poor’s 500 Index has a strong chance to reach 1,500 soon, says Jim Paulsen, chief investment strategist at Wells Capital Management.

That would represent a 4 percent increase from Tuesday’s close of 1,441.

“I look at two big catalysts here going into next year,” he tells CNBC. “One of them is, we’ve got to get the emerging-world economic recovery going again.”

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