Our long-term forecast is designed to create a useful and well-grounded foundation for portfolio construction. During periods of volatility and constantly changing consensus views on the future, we intend to craft a forecast that serves as a ballast to such near-sided views and to act as a place of reason during chaotic times. Looking through recent noise, our updated views were quite similar to last year’s cautious optimism.

Read our full 2019 Capital Markets Forecast.