J.P. Morgan strategists estimate future returns from U.S. stocks will average about 6% over the next decade, well below the 10.8% average return of the past.
Since the late 1970s, new Dow 30 stocks have struggled in the year after joining. Amazon, a Magnificent Seven stock, has a formidable retail business, and is.
Bull markets, John Templeton observed, “are born on pessimism, grow on skepticism, mature on optimism, and die of euphoria.” It would appear that this market.