Years of Subpar Stock Market Returns Ahead, Warns Fed Economist: Two Key Tailwinds Fade ??
US stock investors may need to prepare for potential disappointments, as recent warnings from a Federal Reserve researcher suggest. Corporate tax reductions and interest-rate cuts have been driving stock returns for a prolonged period, according to Federal Reserve economist Michael Smolyansky. Smolyansky foresees a rather challenging future for stocks, characterized...