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Yes, and that was with massive asset inflation from 0% rates. Moreover, there were a few once-in-a-lifetime growth events in there including globalization, Chin
by rdlecler1 10y ago
Yes, and that was with massive asset inflation from 0% rates. Moreover, there were a few once-in-a-lifetime growth events in there including globalization, China, smart phones, Google, social media. Doubling that from this point in the next 10-years is going to be tough. Expect sideways growth in the public markets over the next 10-years.