The exceptional stock market performance of the past ten years could be replaced by a decade of markedly lower returns, according to Goldman Sachs.
During the next ten years, the S&P 500 (which reflects the broader market) could yield a nominal annualized return of 3%, analysts at the investment bank predicted in a note from Oct. 18. The analysts placed a negative 1% annualized nominal return at the low end of the range of likely outcomes, while a 7% return represented the upper bound.
