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Real Assets Adviser

July 1, 2015: Vol. 2, Number 7

Bring Back the Dying DB Plan: Economic consequences of failed retirement policy are too horrific to go unaddressed

Author: Thomas Mackell Jr.

Welcome to the Everything Boom — and, quite possibly, the Everything Bubble. Around the world, nearly every asset class is expensive by historical standards. Stocks and bonds; emerging markets and developed economies; urban office towers and American farmland; high-end housing; you name it, and it is trading at prices that are high by historical standards relative to fundamentals.

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