TCW Mid-Year Equity Market Outlook

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  • 04 mins 20 secs
TCW CIO of Equities Michael Reilly discusses current equity valuations, the impact of interest rate rises on equities and overall outlook for equity markets as we move into 2019.



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Gresham’s Law
This year’s Nobel prize in economics was awarded to Richard Thaler, a pioneer of behavioral economics. But there is a tale told by a lesser known Nobel laureate, Kenneth Arrow. As a World War II weather officer, he was tasked with analyzing the reliability of the army’s long-range weather forecasts

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