The ‘new normal’ – what does it mean?

By Mark Dutton on June 1st, 2010

In this Point of View, AXA’s Chief Investment Officer Mark Dutton looks at what the
‘new normal’ will mean for investors.
In brief:
• When markets settle in to a more normal state, it will be a different normal than foreseen before the global financial crisis (GFC)
• Economic growth is unlikely to return to the previous growth path
• This has implications for investors creating many traps and opportunities.

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