Syntrinsic’s updates to long-term capital market assumptions are modest this year, with a few upward changes on the margins. We found 2017 highly encouraging in many ways, mostly for improvements in the near-term cyclical environment. We see less support for a meaningfully improved long-term secular outlook over the next full market cycle. The long-term forecast is designed to create a useful and well-grounded starting point for portfolio construction that investors can use to balance themselves against the constant barrage of near-term issues in the market.

Read our full 2018 Capital Markets Forecast.