Morning Stock Talk - Paulsen: Late-summer market hard to figure

With so many on Wall Street on vacation, it's a tough market to figure. Jim Paulsen, chief investment strategist at Wells Capital Management, tells MarketWatch Radio's Larry Kofsky "it's hard to know how to take" the market's moves this time of year. Paulsen says a little consolidation and profit-taking is understandable, though, considering how far and how fast the market has come.

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Dow Jones' MarketWatch Morning Stock Talk discusses the big stock movers, economic data and investment trends with Wall Street's top analysts, strategists and traders. Hear about what's driving the stock market from those in the know..

lol, it's winner of economy, not the summer...