Major Asset Class 10-Year Return Forecast 2022 Collection From Huge Investment Management Firms

Christine Benz at Morningstar has helpfully compiled the 7 to 10-year forecasts for major stock and bond asset classes from some huge investment firms that collectively manage trillions of dollars.

The problem is… they are all over the place?! US stocks return predictions vary from 1.6% to 6.7% annualized. Developed international stock return predictions vary from 2.6% to 9.2% annualized. US Bond return predictions are close together, but these are easy to predict for everyone including even “dumb money” like me.

I used to keep track of these 10-year stock return predictions because they made me feel better about owning lagging asset classes. Now I mainly keep track of them with the expectation that I will look back in 10 years and realize how pointless they were, even though these are smart people trying their best.