James Paulsen, PhD, is the chief investment strategist at Wells Capital Management. An investment management industry professional since 1983, he develops investment strategies that assist in the management of separate institutional account assets as well as mutual and collective investment funds. Dr. Paulsen joined Norwest Investment Management, Inc., which later became part of Wells Capital Management, as chief investment officer in January 1997. Previously, he was the senior managing director and chief investment strategist for Investors Management Group in Des Moines, Iowa. Earlier, Dr. Paulsen was president of SCI Capital Management in Cedar Rapids, Iowa. He is nationally recognized for his views on the economy and BusinessWeek named him Top Economic Forecaster for 2001. BondWeek has twice named him Interest Rate Forecaster of the Year. For more than 25 years, Dr. Paulsen has published his own commentary assessing economic and market trends through his newsletter, Economic and Market Perspective. Money named his newsletter one of "101 Things Every Investor Should Know" in March 2004. Dr. Paulsen earned his Bachelor's and Doctoral degrees in economics from Iowa State University.