Yardeni is a permabull. I’ve never seen him ever say the market was poised for lower expected returnsWhy Goldman Sachs' prediction of a lost decade for stocks is wrong, according to a market vetYardeni said with the US economy growing at a 3% clip year-over-year, combined with inflation moderating to about 2%, stock market returns should be closer to 11% on an average annualized basis over the next decade.
"It's hard to imaging that the total return of the S&P 500 would be only 3% in the future given the returns just from the compounding of reinvested dividends," Yardeni said.
These predictions are best taken with a grain of salt, no matter who makes them. I'll just stay the course like I have for the past number of decades.
"It's tough to make predictions, especially about the future" - Yogi Berra
Statistics: Posted by Nathan Drake — Wed Oct 30, 2024 1:32 am — Replies 131 — Views 11498
