Matt Pierce makes his inaugural debut on the podcast to discuss the different ways markets might play out over the next decade and how investors can prepare accordingly. We talk about the following scenarios:
More of the same – market outcomes look a lot like the last 10 years
Mean reversion – prices come back to something more normal
Lost decade – below average returns on both stocks and bonds
Breakthrough! – innovation drives an unexpected surge in productivity
Gloom and doom – our worst fears materialize and we enter a sort of depression