Found 1 record | Page 1 of 1
on 04/24/2012 - 12:34 pm
Category: Smart Living
By Michael Brady
As I write this, I am traveling by airplane to visit clients living in Florida. I am taking the time to read reports from several economists concerning the current and future state of the world economy and the resulting expected performance of the investment markets.
It’s also the day after a blistering two-and-a-half percent single-day decline in the markets—the biggest decline in several months.
The consensus of the reports that I am reading seem to center around the probability that stocks could achieve high single-digit average annual total returns over the next five to 10 years with bonds returning low single-digit average an ...