Northern Trust Forecasts Slow Economic Growth and Moderating Inflation Over the Next 10 Years
For fixed income, Northern Trust expects higher yields to improve returns while defaults remain near the long-term average.
- For fixed income, Northern Trust expects higher yields to improve returns while defaults remain near the long-term average.
- Northern Trust expects global equities to return 6.3% annualized over the next decade, down from 10.4% in the previous decade.
- Inflation Adaptation: While we expect global economic growth to backtrack, inflation should persist.
- The ability to achieve similar outcomes is subject to risk factors over which Northern Trust may have no or limited control.