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Watch out, America: S&P 500 future gains may be much lower than expected, Fed economist says

Por: MarketWatch Business June 28, 2023

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And if he’s right that means total returns, when compounded over the next 20 years, could be as little as one third as much as the amounts that most savers are penciling in for their golden years. What that will do to retirement plans, especially in an aging economy, can only be imagined. Smolyansky is not selling extreme doom and gloom. Instead, he’s simply warning that savers should stop relying on a repeat of the spectacular returns of... + full article



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