Oil falls, stocks falter on Omicron variant concerns

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Jim Paulsen Sees Correction Exceeding 10%, Sees Cyclicals, Small and Mid Caps Outperforming Large Caps and Tech

December 1, 2021 6:34 AM EST

Jim Paulsen, a long-term market bull, believes markets will correct lower as we are way overdue for a correction, and were going to get one, he told CNBC.

Paulsen sees a 10% to 15% pullback as Fed prepares to accelerate tapering as inflation seems to be here to stay.

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