The long period of low interest rate fueled a bubble, creating widespread market distortions and irrational valuations
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Passive management often buys what's gone up and sells all the way down. Active managers can add real value by doing rigorous company research and bucking the consensus view
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Demographic tailwinds benefitting Healthcare Services, a focus on electrification and energy efficiency among Industrials
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Examples of how the low interest bubble era fueled speculation and irrational valuations
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