What is the Impact of Inflation on Equity Returns ?
Major U.S. markets reached all-time highs last week. For example, the S&P 500 reached a record high of 1,687.18 surpassing the earlier high attained in 2007 before the global financial crisis. Multi-year return of S&P 500: Source: Yahoo Finance All the cheer and excitement that followed for reaching the milestones may be premature. This is …
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