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Equity Commentary and Research

Market Outlook: Keep Your Expectations in Check
Current valuation levels imply mediocre total returns, though there remains a handful of promising opportunities and stocks continue to beat bonds and cash
A Real Estate Cloud Over China and Commodities
Chinese real estate, a big driver of demand for industrial commodities, is likely to weigh on the country's GDP growth in coming quarters
RBS Could Struggle to Find New Chairman
Morningstar's Erin Davis believes the bank could struggle to attract a chairman given the lack of private enterprise, but questions whether this matters for shareholders in the medium term