
Jesper Rangvid, a leading Danish academic researcher and professor of Finance at Copenhagen Business School, expects historically low returns on US equities and bonds for the next decade.
According to a model built by Rangvid, investors should expect an average annual return after inflation for the Standard & Poor’s 500-index of about 1.9 percent for the next ten years, and an average annual real return on US government bonds of about 1 percent.
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