Markets Could Fall 15% From the Highs Paulsen Says

The transcript discusses the potential for market correction amidst economic momentum, highlighting the role of consumer confidence and stimulus in economic recovery. It explores the concept of a 'healthy correction' in market valuations, noting the impact of fiscal spending and earnings estimates on future economic conditions.

Discuss the impact of fiscal spending and money growth on the economy as described.

What does the term 'healthy correction' imply in the context of the market?

How do earnings estimates affect market valuations according to the conversation?