because markets are adjusting to the reality that economic growth is likely to be structurally lower even if a recession is proverbially kicked down the road. And by extension, borrowing costs could fall even lower whenever the feared recession materializes.
A low-rate environment also implies that balanced portfolios containing stocks and fixed income are unlikely to yield the high-single-digit returns that prevailed in the past, according to, the deputy chief investment officer of State Street, which has nearly $2.9 trillion in assets.
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Doom and gloom Sell everything Out. No good investments. genius.