Returns from stocks and bonds are likely to suffer in the long-term, CEO and CIO of Research Affiliates Chris Brightman told Yahoo Finance Live.
“[Investors should expect] not just lower long-term returns from the bond market but lower long-term returns from the stock market as well,” Brightman told Yahoo Finance Live. “Remember, the stock market’s trading at near all-time highs in terms of prices relative to, say, cyclically adjusted earnings or extraordinarily low dividend yields. And…
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