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Equities and class struggle

Long-term investors should worry less about secular stagnation and investors' sentiment and more about class conflict - because new research shows that long-run equity returns depend enormously upon the distribution of income between profits and wages.

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By Chris Dillow,
20 February 2014

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Chris Dillow

Chris spent eight years as an economist with one of Japan's largest banks. Here, he provides insightful commentary on the latest economic news and data, along with thought-provoking articles about investor behaviour.

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