Pessimists sound smart. Optimists make money.
Many Happy Returns
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How Does This Affect Our Behaviour?
Shraders are tilting their return forecast down. The reason is a rise in the proportion of people who can't work or are too old to work, relative to those in the work force. People just have to get used to the fact that returns will be lower and accommodate that into there planning for the future. But i think the level of return which we are going to see is still pretty good.
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