BlackRock, State Street, TIAA: Expect lower returns, higher volatility ahead
The firms all say in their mid-year outlooks that investors should seek dividends and diversification. Some are betting on bond markets, gold and cash.
The mid-year forecasts are rolling in, and the outlook is mostly disappointing, with a chance of dread.
From BlackRock: “We are living in a low return world. Equity market returns have leapt ahead of economic fundamentals since the financial crisis. We expect lower equity returns than in the
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