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Blackstone's Byron Wien: 15 Percent Yearly Gains on S&P 500 to End Soon Read Newsmax: Newsmax.com -
I agree that sometime in the next 10 years the market will gain only 5% and possibly lose up to 25% but its not clear how believing that will make me money or even save me some. Getting the level right is useless if you get the time wrong.
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