Stock Market Faces Gloomy Decade as Economic ‘Tsunami’ Looms

By CCN: Every year, the financial world’s brightest minds convene at the Milken Global Conference. This year, many of those same minds warned that the stock market faces a decade characterized by doom and gloom. Milken Analysts: Wave Farewell to Roaring Stock Market Guggenheim’s Chief Investment Officer Scott Minerd grabbed the big headline at the Milken Global Conference by saying the annual returns for the stock market over the next 10 years would be minimal. “For US equities over the next decade we should be expecting maybe a 1% to 2% return. This long period of outperformance is eventually going

The post Stock Market Faces Gloomy Decade as Economic ‘Tsunami’ Looms appeared first on CCN

Source: https://www.ccn.com/stock-market-faces-gloomy-decade-as-economic-tsunami-looms

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