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J.P. Morgan Asset Management (JPM) reduced its return expectations for U.S. equities in its 2018 long-term capital markets assumptions while increasing its expectations for U.S. bond performance. A significant theme was the cyclical factor of the current bull market and how equity markets, particularly U.S. equities, were nearing their mature stage.

J.P. Morgan Asset Management (JPM) reduced its return expectations for U.S. equities in its 2018 long-term capital markets assumptions while increasing its expectations for U.S. bond performance. A significant theme was the cyclical factor of the current bull market and how equity markets, particularly U.S. equities, were nearing their mature stage.

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Because of cultural and geographic barriers it is difficult to decide what is common to the entire race, but some things that are generally thought of as being part of the human condition are: economic status, bare necessities to life, uncertainty, physiology, system – making, and perhaps knowing that death is imminent....

For example: if the student is writing a twelve page research paper about ethanol and its importance as an energy source of the future, would she write with an audience of elementary students in mind? This would be unlikely. Instead, she would tailor her writing to be accessible to an audience of fellow engineers and perhaps to the scientific community in general. What is more, she would assume the audience to be at a certain educational level; therefore, she would not spend time in such a short research paper defining terms and concepts already familiar to those in the field. However, she should also avoid the type of esoteric discussion that condescends to her audience. Again, the student must articulate a middle-ground.

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