Few economists have been more accurate over the long-term than Robert Shiller. Shiller is extremely pessimistic about the future returns of the S&P due to the high valuation currently attributed to equities. He predicts the S&P will finish the year 2020 at 1430 – a roughly 13% return over the coming entire 9 years….
Source: CNBC
Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds.Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances.
He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.
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