In lower cost, liquid vehicles, alternative risk premia strategies can strengthen a risk-return profile.
What do our long-term growth and inflation forecasts say about today���s economy?
Where do we see potential within alternatives?
Do we still see promise in emerging market growth?
Where do we expect bond yields to go?
Macroeconomic assumptions: Mostly stable, mostly moderate
One of the mysteries of American economics is the emphasis on a ���strong dollar.��� Today���s overvalued-dollar has kept inflation too low and, for years, hurt U.S. manufacturing.
New technology could boost productivity and, in turn, economic growth, but relatively full equity valuations and low bond yields pose cyclical challenges.