US Stocks Will Be Last in Global Rankings in Next 10 Years, Goldman Says
It can be easy to feel like US stock outperformance will continue after three years of a strong bull market, but the music is probably going to stop soon.
After outperforming the rest of the world for years, the US stock market appears to be on track to fall to last place over the next decade, according to Goldman Sachs.
In a note on Tuesday, the bank issued its forecast for annualized equity market returns across the globe. The US market is expected to return 6.5% a year to investors over the next decade, according to analysts, the worst in the world over the next 10-year period.
It also marks a significant deviation from the S&P 500’s historical trend, with the benchmark index returning an average of 10% a…
