IBD: “New 72-Year Study Reveals Where Stocks Are Headed”
By admin_45 in IN THE NEWS
Excerpt from Investor's Business Daily quoting DataTrek's Nick Colas:
.... "Predicting the S&P 500's future is the cornerstone of financial models. And now, a new analysis puts estimates for the next 20 years into context...
The answer? An average annual gain of at least 7% from the S&P 500 looks probable in the next 20 years. But don't expect the S&P 500 to regain its peak annual trailing 20-year gain of 14%, based on a new analysis of 20-year trailing returns by Nicholas Colas of DataTrek Research"....
Read the full article here on Investor's Business Daily!