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"It's a real equity issue.
That comes to a real equity return of 5.4% (the calculation is geometric, not arithmetic).
Real equity returns may be 3-3.5% over the next 20-30 years, they reckon.
But there is a positive correlation between aggregate real GDP growth and real equity returns (0.51).Why the big difference?
Future real equity returns were negative when bond yields were at their lowest and high when bond yields were highest.
Sure enough, the annual real equity return over the next ten years was just 0.8%.How low can you go It should have been no surprise.
Similar(23)
When the family decided to sell the farm, McCann Real Equities Development bought an option on the farm, and presented plans to build a supermarket there.
The Port Authority has negotiated with a developer, McCann Real Equities, to build a movie multiplex on the roof of a connected building across Broadway.
Tangible equity measures real assets such as factories and machinery.
Reinvests via private investment vehicle MSD Capital: equities, real estate, private equity.
The majority owner is the Multi-Employer Property Trust, a real estate equity fund representing union pension plan investors.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com