Andrew Lapthorne, SocGen's quantitative strategist, points out that buying equities when valuations are at current levels has delivered average historic real returns of just 1.4% a year.

兴业的数量战略家Andrew Lapthorne指出，在现在的价值水平上买进股票，每年的平均真实收益率只有1.4%。

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Andrew Lapthorne, SocGen's quantitative strategist, points out that buying equities when valuations are at current levels has delivered average historic real returns of just 1.4% a year.

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