A strategist at a major investment bank argued recently that poor 10 - year trailing returns is reason enough to expect lofty returns over the next decade. (hussman.net)
For example, if you have a global portfolio and rebalance at the end of every year, then in 2013 you would have been selling U.S. and international stocks (which enjoyed lofty returns of 30 % to 40 %) and buying bonds, which had their worst year since 1999. (moneysense.ca)
BMO Private Bank chief investment officer Jack Ablin explained that, absent higher labor - force and / or productivity growth, the stock market will have a hard timed delivering anything close to the lofty returns that many retirement investors relied on to grow the value of their retirement nest eggs and maintain their standard of living in retirement. (realdealretirement.com)