Aug 17 - Reuters columnist James Saft says the cult of equities is not dead but certainly needs to be rethought as the equity market continues its volatile journey.
First columnist changed that in -- just be equities and it's called Richard. -- -- -- -- -- not long Annika. Actually this mystical and equities is harmless is arguing in horror. That it is impossible for equity returns to grow faster generated through the overall economy. Ours is wrong. But in some ways he's dual action. Fire and Limbaugh and it's. Equity you're gonna facing. It -- -- -- on from millions of years. Corporate profits -- at an all time high. Army is -- all of these things major drag. Car. More competitive golf -- an -- In Erie police shoot and warm there assets. And that's in theory an over -- an area long. They have a distressing tendency to go in the toilet justice the worst possible. Like when you just lost your job in the middle upper sash. In fact why he he -- more -- -- And she's he's. All on -- -- you're going to make it where he's -- or ten years. Are going to make it reminds me -- mainstream. The truth days that the cult of returns. We can run our spending -- -- not very much is going to turn the law. People probably socking away too little requirement too little for the future and the solution to that. Isn't picking the -- investment manager can -- access. To work longer. And more.