Investors with more flexible disciplines should observe that across history, market collapses have
produced upward spikes in expected returns, so we certainly expect investors to encounter strong investment opportunities even in the next few years.
That's why we're seeing so many records lately; El Niño might
produce a
spike, but that
spike is sitting on top of an
upward trend, the physical manifestation of human induced global warming, driven mostly by our dumping 40 billion tons of carbon dioxide into the air every year.