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Wharton Professor on Risk and Returns
Motley Fool Money
Exploring Historical Returns and the Impact of Secular Trends on Stock Returns
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This chapter explores the potential impact of historical return assumptions on future stock returns and introduces the concept of secular trends. It also raises concerns about the current economic slowdown and low growth rates and emphasizes the importance of planning for a scenario of low growth rates, low interest rates, and low stock returns.
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highlights
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