Summary
- JPMorgan forecasts a significant drop in S&P 500 returns, suggesting a shift from the high gains of the past decade to lower future performance.
- Valuations are currently unfavorable, and with rising risks, the market may offer average annual returns of just 5.7% in the coming decade.
- Given this outlook, focusing on high-yield dividend stocks and cautious valuation is essential for long-term investment success in a lower-return environment.
Diy13
Introduction
One of my favorite charts I have encountered this year is the one below. The Axios chart shows the number of estimated excess retirees between January 2000 and December 2023.
As we can see, something fascinating happened after 2020: the number
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