Navigating equities in the last mile of inflation

The long-term outlook for equity returns remains attractive. Yet, after more than a decade, the implied earnings yield of global equities is facing stiff competition from cash and fixed income yields. Now that inflation is settling down and expectations for monetary easing are taking shape, equities should enable investors to generate real returns above inflation to meet their long-term goals.

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Historical performance is not an indication of future results and any investments may go down in value.


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