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Higher expected return.
Which one has the higher Expected Points Added per Play?
I can figure out that I get a higher expected return and no more risk.
The first two solutions also yield a higher expected welfare than a zero-inflation policy.
The conviction that risks were low led investors to take greater risk without requiring higher expected returns.
They say higher expected inflation would lower real interest rates, thus encouraging borrowing.
Investing in private securities rather than government bonds provides a higher expected return.
"We hold these stocks because they have a higher expected rate of return," Mr. Fogdall explained.
An increase in interest rates would signal inflation, higher expected growth and less demand for safe assets.
Stocks are riskier, so they have a higher expected return with capital gains and dividends than Treasurys.
This combination of higher expected rates in the U.S. and lower rates everywhere else is what's pushing the dollar up.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com