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Forget the wealthy. Why this value manager is betting on average Americans, and the stocks he's buying now.
MarketWatchยท 2025-10-16 10:49
Core Viewpoint - Smead Capital Management's Bill Smead suggests that when a market correction occurs, wealthy Americans are unlikely to support investors' portfolios [1] Group 1 - The anticipated market correction is expected to have a significant impact on investment portfolios [1] - Wealthy Americans, who traditionally might bolster market stability, are not expected to provide the necessary support during this downturn [1]