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"From a U.S. investor’s perspective, our Vanguard Capital Markets Model® projects higher 10-year annualized returns for non-U.S. developed markets (7.2%–9.2%) and emerging markets (7%–9%) than for U.S. markets (4.7%–6.7%)."
I'm not optimistic about China's economic recovery and what it would imply globally; and I'll stick with the unknown of the 'Covid Factor'. Only 2 Covid deaths reported since December 3, according to State government sources.
I read Vanguard's Outlook article too. I felt it was useful for me to predict 10 years out given there are number of crucial variables that are in play. For example, did Vanguard predicted the impact of pandemic events?
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Only 2 Covid deaths reported since December 3, according to State government sources.