This is no century for optimists. Can it change? War in #Ukraine and the return of #inflation won’

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This is no century for optimists. Can it change? War in #Ukraine and the return of #inflation won’t help equity risk premiums rediscover their mojo. In price terms (dividends would change the picture), non-U.S. stocks have grown <1.2% per annum since 2000 h/t Holger Zschaepitz

This is no century for optimists. Can it change? War in #Ukraine and the return of #inflation won’

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