'A massive system-wide problem, not just for those in finance, but more importantly for society at large'

Investors have been having a great time of it the last 30 years, benefiting from higher than average returns and lower than average volatility in the equity and bond markets. 
But these positive conditions aren't necessarily going to last, and investors should be prepared to rethink their strategies, according to a research note released by the Global Quantitative Strategy Team at AllianceBernstein on Tuesday, January 10.
"We are not bearish, but we suggest that the scale of the proble