由于估值高和货币政策紧缩,预计未来十年美国股票回报率平均为6.4%,低于过去十年的14.6%。 US stock returns expected to average 6.4% over next decade, down from 14.6% past decade, due to high valuations and tight monetary policy.

对41家主要全球投资公司的调查显示,由于估值高和货币政策紧缩,美国未来十年年平均股票回报率为6.4%,低于过去十年的14.6%。 A survey of 41 major global investment firms projects average annual US stock returns of 6.4% over the next decade, down from 14.6% in the past 10 years, due to high valuations and tight monetary policy. 美国以外的发达市场预计将回报7.2%,新兴市场回报率为7.6%,而美国国库预测回报率为3.6%,比最近1.4%有所上升。 Developed markets outside the US are expected to return 7.2%, emerging markets 7.6%, while US Treasuries are forecast at 3.6%, up from 1.4% recently. 私人股权和基础设施等替代资产可能带来更强劲的回报。 Alternative assets like private equity and infrastructure may deliver stronger returns. 调查结果强调,对6%-7%的年回报率和保持多样化组合以取得长期成功抱有现实的预期。 The findings stress setting realistic expectations of 6–7% annual returns and maintaining diversified portfolios for long-term success.