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Stagnation and the Secular Bear Market

Wednesday, November 23, 2016 14:51
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The expectations of US GDP growth have slowed to 1.7-2.0% for the next 5 to 10 years. High market valuations and slow growth are toxic in the medium term. Demographics and high debt levels are likely to slow growth over the next decade or two. 2017 tax, trade, and…

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