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Get Ready for April's Epic Stock Market Correction – Exclusive Dan Niles Insights!

Lead-Lag Live

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The Importance of Timing in Markets

In 2000, Greenspan kind of changed his tune. He said, well, I think this is a new age economy and we may be at a permanently higher level of productivity. That turned out to be the peak, right? So he actually got that flip-flopped where if you're given the productivity speech in 1996, it went up a ton then down again. But yeah, some of these things can take a long time to play out. The markets are sort of biased by governments officials who want to get reelected. And so you need to take that with a grain of salt.

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