In spite of spotty economic data and a choppy stock market heading into the summer, a couple of Wall Street strategists are predicting the dog days won't be so bad after all.

"The economy is much healthier today then in either 2010 and 2011," James Paulsen, chief investment strategist at Wells Capital Management, says in an interview. That might be some comfort to many observers who have fretted that stocks in the United States might go into a spring swoon like in those past two years. Granted, in each of those years, better economic data led investors to push stocks to recovery highs, only to sputter out by late spring.

Register or login for access to this item and much more

All On Wall Street content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access