US Economy & Market Forecast: Deglobalization, Tariffs & Investing Strategies

What if I told you the golden age of the U.S. stock market is already over? Don’t take it from me. This is coming from billionaire and legendary investor Howard Marks. The US stock market has averaged a return of 10% a year for the last 100 years. A return so consistent that it has become a widely held belief that this return will continue forever. Howard Marks disagrees. In fact, Marks is warning that investors could actually see a stock market that produces as little as 1% a year from this point on. It’s not just Howard Marks saying this. The investment bank Goldman Sachs is forecasting just 3% annual returns for the US stock market over the next decade. One of the reasons Howard Marks is nervous about future returns in the stock market has to do with Tariffs and deglobalization. Listen to what he had to say.