- US Large caps: -0.3% per year
- US Small caps: -2% per year
- US High Quality: 3.7% per year
- International Large caps: 3.9% per year
- International Small caps: 3.4% per year
- Emerging Markets: 5.4% per year
Different kinds of bonds are expected to return between -2.2% and 1.0% per year.
Managed Timber (stable as ever) is expected to return 6.5% per year. Those are real returns adjusted for inflation of 2.5% per year.
You can receive GMO's forecasts (monthly) and the quarterly newsletter for free by registering at http://www.gmo.com
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