Why global equities are poised for “fat and flat” returns
Goldman Sachs Exchanges
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The Fat and Flat Returns of Equity Markets
We are entering into a period of fat and flat returns, according to the FTSE 100. The index prospects will remain relatively flat from here, says BofA-Merrill Lynch. Investors can get good returns on equities but not as good as in last decade or two. Longer term structural changes may well contribute to those lower returns.
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