Bill Smead
Posted: Thu May 23, 2024 3:05 pmStocks are 'going nowhere' for the next decade as inflation sticks around and US debt balloons, CIO says
by Jennifer Sor
The stock market will see dismal returns for the next 10-15 years, investing vet Bill Smead said.
The Smead Capital CIO warned inflation will likely stick around over the long term.
That could produce a situation similar to the 1970s, when soaring prices led to a "dead zone" for stocks.
Source: Business Insider
https://finance.yahoo.com/news/stocks-g ... 16137.html
by Jennifer Sor
The stock market will see dismal returns for the next 10-15 years, investing vet Bill Smead said.
The Smead Capital CIO warned inflation will likely stick around over the long term.
That could produce a situation similar to the 1970s, when soaring prices led to a "dead zone" for stocks.
Source: Business Insider
https://finance.yahoo.com/news/stocks-g ... 16137.html