Wall Street Veteran Predicts 7 Yeras of Lower Stock Market Returns A Wall Street veteran warns that American households, with historically high equity holdings, could face “seven lean years” of stock market returns. According to Joseph Lavorgna, the U.S. household equity share of total financial assets stood at 36.3% in the third quarter, down from a record 40.5% but still notably high. This elevated equity exposure is significant because historically, high percentages of equities in investment portfolios have been associated with below-average future stock returns. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Asda Report Highlights Significant Rise in British Families' Disposable Incomes READ MORE Fed's Rate Cut Dilemma: Market Braces for Potential Shock READ MORE RBI Relocates 100 Tons of Gold from UK to India, More Expected READ MORE Russian Finance Ministry Accelerates De-Dollarization with Massive Gold Buy READ MORE January 2024: Europe's Record-Breaking Bond Sales READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment