Tag: japan

Future Expected Returns In A Zero Interest Rate Policy (ZIRP) Environment

The last decade has produced fantastic returns in most global asset classes (commodities excluded), helped by enormous interventions by central banks. Can we expect similar high returns in the coming decade? The “new normal” (?): The “new normal” seems to be a low interest policy for the foreseeable future. How do we adapt as investors? Japanese investors have battled with

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