Experimental central bank monetary policy across the globe has fueled
global stock price appreciation, but a dangerous dependency on stimulus to generate ever - higher market returns is a possible side effect.
Not exact matches
«Between 2 % and 5 % for
stocks, bonds and commodities are expected long term returns for
global financial markets that have been pushed to the zero bound, a world where substantial real
price appreciation is getting close to mathematically improbable.
Based on current positioning, we expect the All Asset strategies to benefit from the following return tailwinds: a stable to rising breakeven inflation rate, appreciating EM currencies, convergence of EM - to - U.S. cyclically adjusted
price / earnings (CAPE) ratios toward longer - term averages, and
appreciation of
global value
stocks from today's elevated discounts toward longer - term norms.