UBS: Get used to low returns from equitiesRupert Hargreaves
UBS: Get used to low returns from equities
One of the big questions dominating equity markets today is whether or not equity markets will produce a lower return than the historical average going forward after the impressive gains since the end of the financial crisis.
Historically, the S&P 500 has returned an average 9% per annum for the past 100 years as a mix of earnings growth, and higher equity valuations have pulled the market up. However, post 2008 there is evidence that real growth has slowed down on a trend . . .
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