Paulsen Sees U.S. Economy Accelerating, Likes Cyclicals

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April 30 (Bloomberg) -- James Paulsen, chief investment strategist at Wells Capital Management, talks with Bloomberg's Betty Liu about the outlook for the U.S. economy and investment strategy. The U.S. economy expanded at a 3.2 percent annual rate in the first quarter as households spent more freely. The increase in GDP was in line with the median estimate of economists surveyed by Bloomberg News and capped the biggest six-month gain since 2003, figures from the Commerce Department showed today in Washington. (Source: Bloomberg)

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