5 votes

The Age of Disorder: Long-Term Asset Return Study

1 comment

  1. HotPants
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    This paper was published a year back. It covers some interesting long term trends. COVID is driving an increase in debt, and inequality, and could drive either inflation or deflation which would...

    This paper was published a year back.

    It covers some interesting long term trends.

    COVID is driving an increase in debt, and inequality, and could drive either inflation or deflation which would likely both be a net negative on stocks. (Since this was published, we have seen higher levels of inflation, but the jury is out if the inflation is temporary or permanent.)

    This paper also touches on the economic conflict between China and America, plus the economic conflict between the boomers and the millennials. Millennials will have the ability to outvote boomers in a decade in the USA.

    4 votes