If an individual stock investment is more sensitive to movements in the economy than other stocks, it would generally be expected to have a higher than average return in the long-term.

Higher interest rates are normally associated with higher expected returns on share portfolios.

Higher total risk of a share is always associated with a higher expected return.

If the economy is expected to grow strongly over the long-term, this would normally have a positive impact on the returns of a diversified portfolio of shares.