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So as long as innovation is outgrowing stagnation then returns should continue to outpace typical zero risk interest. In essence if you believe the stock market

So as long as innovation is outgrowing stagnation then returns should continue to outpace typical zero risk interest. In essence if you believe the stock market will fail to exhibit growth you’re betting against technological progress and productivity gains. Bad bet I’d say.

kgwgk 2y ago
> returns should continue to outpace typical zero risk interest. In essence if you believe the stock market will fail to exhibit growth Who are you arguing against? The paper linked talks about "significantly lower profit growth and stock returns in the future" not about decreasing earnings and negative returns.