Sentences with phrase «average nominal total returns»

At current market levels, our estimate for 12 - year S&P 500 average nominal total returns has collapsed to just 0.8 % annually.

Not exact matches

The following chart shows the same data on an inverted log scale (blue line, left), along with the actual subsequent 12 - year nominal average annual total return of the S&P 500 Index (red line, right).

The red line (right scale) is the average annual nominal total return of the S&P 500 over the subsequent 12 - year period.

They also warn that because of extended zero - interest policy by the Fed, security valuations have advanced to the point where prospective nominal total returns on a conventional portfolio mix are likely to average well below 2 % annually, with negative real returns, over the coming 12 - year period.

On a 12 - year horizon, we project likely S&P 500 nominal total returns averaging close to zero, with the likelihood of an interim market loss on the order of 50 - 60 % over the completion of the current cycle.

We presently estimate a nominal total return on the S&P 500 averaging 4.1 % annually over the coming decade.

On valuation measures most strongly correlated with actual subsequent S&P 500 nominal total returns, we presently expect negative total returns for the S&P 500 on a 10 - year horizon, and total returns averaging only about 1 % annually over the coming 12 - year period (chart).

The average secular bull market lasted 21.2 years and produced a total return of 17.2 percent in nominal terms and 15.9 percent in real terms.

By our own estimates, we expect the nominal total return on the S&P 500 over the coming decade to average about 3.8 % annually, though with very broad cyclical fluctuations producing that overall result.

The next chart shows the margin - adjusted CAPE on an inverted log scale (blue), along with actual subsequent S&P 500 average annual nominal total returns (red).