VNQI - Total Return Forecasts: Major Asset Classes - February 2 2024
2024-02-05 14:00:00 ET
Summary
- The long-term return forecast for the Global Market Index (GMI) continued to ease in January, dipping to an annualized 6.6% total return.
- GMI represents a theoretical benchmark of the optimal portfolio for the average investor with an infinite time horizon.
- GMI’s projections, however, are expected to be somewhat more reliable vs. the estimates for its components.
The long-term return forecast for the Global Market Index (GMI) continued to ease in January, dipping to an annualized 6.6% total return, based on the average of three models (defined below). GMI is a market value-weighted portfolio that holds all the major asset classes (except cash) via a set of ETF proxies. Today's revised performance estimate marks another fractionally lower forecast vs. the previous month's outlook. ...
Total Return Forecasts: Major Asset Classes - February 2, 2024