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Man credited with calling the 2008 crisis says the next 20 years in the stock market will 'break a lot of hearts'
Jeremy Grantham, an investor credited with predicting the 2000 and 2008 downturns, told CNBC on Thursday that investors should get inured to lackluster returns in the stock market for the next two decades, after a century of handsome gains. “In the last 100 years, we're used to delivering perhaps 6%,” but the U.S. market will be delivering real returns of about 2% or 3% on average over next 20 years, the value investor and co-founder of Boston-based asset manager GMO told CNBC in a rare interview. Over the past five years, the S&P 500 index (SPX) has produced a compound annual growth rate of 8.1%, the Dow Jones Industrial Average (DJIA) has boasted a CAGR of 9.1%, while the Nasdaq Composite Index (COMP) has registered a compound return of 11.4% over the same period, according to FactSet data.U.S. Yahoo Lifestyle
Muslim woman who went viral for photo in front of anti-Islam protest says her religion taught her 'to be unapologetic'
In a series of photos that went viral over the weekend, Ismaa’eel is seen posing in front of a group of men holding posters with hateful speech directed at people of the Islam faith.Celebrity People
Prince Harry and Kate Middleton Attend Anzac Day ServicePolitics HuffPost
John Dean, the former White House counsel to President Richard MEntertainment Glamour
Would she really betray Daenerys?Entertainment PureWow
With all the excitement of season eight’s second episode of Game of Thrones (Jon Snow’s beloved Ghost returned! Sansa and Theon were...U.S. USA TODAY
Officials said they're investigating an assault on Larry Mitchell Hopkins that occurred Monday at the Doña Ana County Detention Center in Las Cruces.More on Yahoo View »The Tonight Show Starring Jimmy FallonSeason 6 Episode 127Brie Larson, Wyatt Cenac, Wu-Tang ClanThe VoiceSeason 16 Episode 15Cross Battles Part 2 ResultsNew AmsterdamSeason 1 Episode 19Happy PlaceLate Night With Seth MeyersSeason 6 Episode 92Amy Sedaris, Mayor Pete Buttigeig, Toro y Moi
Apr 25, 2019Taurus (change)
You are not usually one to demonstrate heel-kicking enthusiasm on a regular basis. Your earthy nature lends you to express a calmer, more refrained demeanor but that mold is likely to be broken today....