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Federal Reserve stock tipster? Warns of "significantly lower" stock returns in the future
The Fed with a stock market forecast, yes really. OK, its a research paper just published on Thursday titled:“End of an era: The coming long-run slowdown in corporate profit growth and stock returns”The summary is (bolding mine):I show that the decline in interest rates and corporate tax rates over the past three decades accounts for the majority of the period’s exceptional stock market performance. Lower interest expenses and corporate tax rates mechanically explain over 40 percent of the real...
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Posted: Jun 29 2023, 22:46
Author Name: forexlive
Views: 081046