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Published:
Millennials and Generation Z might not enjoy the robust returns from U.S. stocks that helped swell the retirement accounts of their parents and grandparents, according to a team of equity analysts at J.P. Morgan Securities.
Over the next decade, the average calendar-year return of the S&P 500
SPX could shrink to 5.7%, based on the models maintained by a team of strategists at JPMorgan focused on long-term market performance. That is roughly half the pace of returns seen since the end of World War II.
This post was originally published on Market Watch