GMO: Reports of the Death of Equities Have Been Greatly Exaggerated: Explaining Equity Returns

By: Retirement Investments -- MyPlanIQ » Headline

Posted on August 13, 2012 at 09:57 AM EDT

GMO's Ben Inker made the following points: 1) GDP growth and stock market returns do not have any particularly obvious relationship, either empirically or in theory. 2) Stock market returns can be signiﬁ cantly higher than GDP growth in perpetuity without leading to any economic absurdities. ...

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