It has been easy pickings for equity investors in the past decade or so as the unconventional ultra-accommodative policies by central banks - mainly the US Federal Reserve - ensured that bear markets were shorter and bull markets were longer. As the monetary policy regime moves from Quantitative Easing - easy money supply - to its opposite - Quantitative Tightening, making quick money from stocks will likely become challenging.
India will be superpower by 2047, but not high-income economy: Martin Wolf
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