Analysis: The U.S. economy may face unexpected downturns next year, and U.S. stocks may at least correct by 10%
ChainCatcher news, according to Jin Shi reports, The Leuthold Group's Chief Investment Strategist Jim Paulsen stated in his blog that although policy officials and investors seem increasingly concerned about the possibility of overheating economic growth, he believes that an unexpected economic slowdown is more likely to occur in 2025, which could ultimately lead to a stock market correction of at least 10%.Jim Paulsen pointed out that based on historical data since 2003, fluctuations in bond yields typically lead to unexpected economic outcomes; a decline in yields indicates that the economy will improve in three months, and vice versa. In his view, bond yields hovering around 4.6% (which reached 4.63% last week) suggest that the economic surprise index will slow to -35 in the first quarter, and GDP will also slow down.Jim Paulsen stated that if the economic unexpected slowdown exacerbates concerns, the stock market may pause its upward trend, even if it is not a correction of 10% to 15%.