Stocks normally run twice as volatile as bonds so an equity risk premium of zero is foolishly optimistic except when interest rates are minimal and the perception percolates that they rest low enough in years to come. This is my perception, my working hypothesis.
Stocks normally run twice as volatile as bonds so an equity risk premium of zero is foolishly optimistic except when interest rates are minimal and the perception percolates that they rest low enough in years to come. This is my perception, my working hypothesis.
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