J.P. Morgan Asset Management released its long-term capital market assumptions for next year, in what they are dubbing "a new portfolio for a new decade."
In its 25th edition of its research, long-term growth and inflation projections remain the same, but public asset market return expectations fall sharply and force investors to look elsewhere for higher returns.
The firm’s forecast on global growth is 10 basis points, at 2.4%, over the next 10 to 15 years. Meanwhile on the inflation front, officials see no change at 2.2%. Either . . .
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