--- title: "Meaning & Key Takeaway of: For equity markets, the combination of…" description: "\"For equity markets, the combination of low interest rates, strong economic growth and low inflation has proved very beneficial, with global share marke..." image: "https://sms4smile.com/quotes/i/c40/ian-macfarlane-49833_average_for-equity-markets-the-combination-of-lo_1158352.jpg" --- # For equity markets, the combination of low interest rates… ![“For equity markets, the combination of low interest rates, strong economic growth and low inflation has proved very beneficial, with global share markets rising solidly in each of the past three years. This has been underpinned by strong growth in profits so that, notwithstanding the rise in share…” quote by Ian Macfarlane](https://sms4smile.com/quotes/i/c40/ian-macfarlane-49833_average_for-equity-markets-the-combination-of-lo_1158352.jpg) [Download](https://sms4smile.com/quotes/i/c40/ian-macfarlane-49833_average_for-equity-markets-the-combination-of-lo_1158352.jpg) [Open image](https://sms4smile.com/quotes/i/c40/ian-macfarlane-49833_average_for-equity-markets-the-combination-of-lo_1158352.jpg) > “For equity markets, the combination of low interest rates, strong economic growth and low inflation has proved very beneficial, with global share markets rising solidly in each of the past three years. This has been underpinned by strong growth in profits so that, notwithstanding the rise in share prices, P/E ratios have been declining on average.” [Ian Macfarlane](https://sms4smile.com/quotes/author/ian-macfarlane/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Low rates, growth, and low inflation together boost equity markets, though valuations may compress. **In simple terms:** Good economy lifts stocks, but prices can still be cheap. Key Takeaway Watch for valuation changes despite market gains. Themes economics markets valuation Mood cautious analytical Type analytical predictive When to use this quote - investment decisions - portfolio management - risk assessment - policy planning Key Concepts interest rates inflation profit growth Questions to Reflect On - Are valuations truly declining? - How should investors adjust? A Different Perspective Strong markets can hide underlying risks. ★ ★ ★ ★ ★ No ratings yet [Average](https://sms4smile.com/quotes/about/average/) [Beneficial](https://sms4smile.com/quotes/about/beneficial/) [Business growth](https://sms4smile.com/quotes/about/business-growth/) [Combination](https://sms4smile.com/quotes/about/combination/) [Customer](https://sms4smile.com/quotes/about/customer/) [Economic](https://sms4smile.com/quotes/about/economic/) [Economic growth](https://sms4smile.com/quotes/about/economic-growth/) [Economics](https://sms4smile.com/quotes/about/economics/) [Economy](https://sms4smile.com/quotes/about/economy/) [Equity](https://sms4smile.com/quotes/about/equity/) [Equity Markets](https://sms4smile.com/quotes/about/equity-markets-782303/) [Growth](https://sms4smile.com/quotes/about/growth/) [Growth Profits](https://sms4smile.com/quotes/about/growth-profits-3305669/) [Has beens](https://sms4smile.com/quotes/about/has-beens/) [Inflation](https://sms4smile.com/quotes/about/inflation/) [Interest](https://sms4smile.com/quotes/about/interest/) [Interest rate](https://sms4smile.com/quotes/about/interest-rate/) [Investing](https://sms4smile.com/quotes/about/investing/) [Justice](https://sms4smile.com/quotes/about/justice/) [Lows](https://sms4smile.com/quotes/about/lows/) [Markets Rising](https://sms4smile.com/quotes/about/markets-rising-3305670/) [Past](https://sms4smile.com/quotes/about/past/) [Profit](https://sms4smile.com/quotes/about/profit/) [Rate](https://sms4smile.com/quotes/about/rate/) [Ratios](https://sms4smile.com/quotes/about/ratios/) [Rising](https://sms4smile.com/quotes/about/rising/) [Share](https://sms4smile.com/quotes/about/share/) [Share Markets](https://sms4smile.com/quotes/about/share-markets-3305668/) [Share price](https://sms4smile.com/quotes/about/share-price/) [Share Prices](https://sms4smile.com/quotes/about/share-prices-3236502/) [Strong](https://sms4smile.com/quotes/about/strong/) [Three](https://sms4smile.com/quotes/about/three/) [Three years](https://sms4smile.com/quotes/about/three-years/) [Years](https://sms4smile.com/quotes/about/years/) ## Related quotes > [Share prices fluctuate more than share values.](https://sms4smile.com/quotes/john-templeton/share-prices-fluctuate-more-than-share-values/) [John Templeton](https://sms4smile.com/quotes/author/john-templeton/) > [What the investment community does like is short-term measures designed to boost share prices.](https://sms4smile.com/quotes/james-surowiecki/what-the-investment-community-does-like-is-short-term-measures/) [James Surowiecki](https://sms4smile.com/quotes/author/james-surowiecki/) > [Share prices follow the theorem: hope divided by fear minus greed.](https://sms4smile.com/quotes/dominic-lawson/share-prices-follow-the-theorem-hope-divided-by-fear-minus-greed/) [Dominic Lawson](https://sms4smile.com/quotes/author/dominic-lawson/) > [If you have money draining out of the public equity markets, that inevitably affects the private equity market. 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