The Vanguard Group is projecting an annualized return of between 4.1% and 6.1% for U.S. stocks over the next ten years, with value stocks beating those returns.
The Valley Forge, Pennsylvania-based investment giant has issued a white paper looking at the year ahead. For Vanguard, which touts $7 trillion in assets, the probability of the U.S. entering a recession within the next 12 months is 25%. However, that likelihood climbs to 65% in the next 24 months.
