FYI: That even the French seer’s investments would struggle to beat U.S. inflation this year is a bad omen for future returns, market observers say.
Not one of the 17 major asset classes tracked by Morgan Stanley has beaten U.S. consumer-price index in 2018, a record going back to at least 2004, the bank’s strategy team including Matthew Garman wrote in a note Friday. For the Leuthold Group, its hypothetical single-asset portfolio with “perfect year-ahead foresight” is set for the worst performance ever.
Regards,
Ted
https://www.bloomberg.com/news/articles/2018-11-26/even-nostradamus-can-t-make-a-decent-investment-return-this-year?srnd=premium
