I don’t think the markets are properly discounting the rise in interest rates that are on the horizon. There's still too much complacency about the stock market,” Paulsen says. This can add up to substantial losses depending on the rise in interest rates. Leuthold’s Paulsen sees several economic trends that should push interest rates higher during 2018. Nevertheless, the stock market this Friday celebrates the ninth birthday of the start of the bull market on March 9, 2009.

Source: Forbes March 07, 2018 21:11 UTC