VNQI - Total Return Forecasts: Major Asset Classes - April 2 2024

2024-04-02 10:30:00 ET

Summary

• The long-run performance estimate for the Global Market Index ticked up again in March vs. the previous month.
• Today’s revised forecast (based on three models defined below) indicates a 6.9% annualized return for the unmanaged benchmark, which holds all the major asset classes (except cash), according to market weights via a set of ETF proxies.
• US equities are still the outlier for expected return among the various asset classes. The average forecast for American shares is well below the trailing 10-year performance.

The long-run performance estimate for the Global Market Index (GMI) ticked up again in March vs. the previous month . Today’s revised forecast (based on three models defined below) indicates a 6.9% annualized return for the unmanaged benchmark, which holds all the major asset classes (except cash), according to market weights via a set of ETF proxies....

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