Daily Archives: July 2, 2024

Total Return Forecasts: Major Asset Classes | 2 July 2024

The return forecast for the Global Market Index (GMI) held steady in June after ticking higher for four straight months. GMI’s long-term forecast is unchanged at an annualized 7.1%, matching the estimate in the previous month, based on the average of three models (defined below). GMI is an unmanaged benchmark that holds all the major asset classes (except cash), according to market weights via a set of ETF proxies.

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