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Quote of the day: "The bull market could continue forever"

Strategist Jim Paulsen just said the perfect quote to be scoffed at on social media. Of course he doesn't believe this but it makes for the headline of the day for CNBC. Gotta love it. In the past, you would probably say that this signals a market top but if you look below the headline, his bullish case is much like ours. He just said the quote to gain more views and mission accomplished on that.

"We've got a fully employed economy, rising real wages. We restarted the corporate earnings cycle. We've got strong confidence among business and consumers," he said on "Squawk Box."

We totally agree with Paulsen here. Global growth has picked up everywhere and we made the call on corporate earnings turning last summer.

"Ultimately the bull market does continue until we aggravate some inflation, and until we have to raise bond yields and interest rates some more," Paulsen said. "I think that's going to happen eventually, but it doesn't look like it's going to happen anytime soon. So I think the bull probably continues through the end of this year," he said.

Do you agree with Paulsen? Will the bull market run forever?

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About the Author: Chris Wang

Chris Wang

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