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Dec 07 2020

Does “Growth” Lead “Productivity?”

  • Dec 7, 2020

In the last four years, the U.S. stock market has been dominated by growth stocks! During this time, growth has outpaced value by an historic amount, measured back to at least 1926. This trend has received considerable attention. Growth managers have been rewarded handsomely, while value managers have suffered multiple years of underperformance and declining business.

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James Paulsen / Chief Investment Strategist

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