Key insights include the shift from hyper-individualism to stakeholder capitalism, the diminishing allure of limited government, and the evolving dynamics of free markets. Drawing parallels to the revolutionary innovations of the 1950s, this report highlights the potential for above-trend GDP growth in advanced economies, driven by AI and increased investment opportunities.
The 140-page outlook makes the usual forecasts for the likely returns of all the major asset classes, including emerging and developed world equities, government and corporate bonds, commodities and cash, over the next five years. From Chinese troubles to market bubbles, four special topics are also discussed.
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