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Investors should brace for higher inflation and lower returns in 2020s, bank of america warns

from Institutional Investor

Policymakers are driving up stocks with massive stimulus programs — but investors should expect smaller gains and rising inflation over the next decade, according to Bank of America. Similar to the “stagflationary” 1970s, Bank of America investment strategists said in a report this week that real and nominal returns in the 2020s will be low, “clustered,” and volatile. more

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