BlackRock, GMO forecast single-digit returns for U.S. stocks
High valuations, low interest rates spell lower annual returns of 5% or less; timber seen as best bet
Richard Turnill, BlackRock's chief global investment strategist, has some advice for investors: Curb your enthusiasm. And he's not alone.
“We see a global portfolio made up of 60% equities and 40% fixed income producing annual returns of just 3.3% in U.S. dollars, before inflation, over the
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