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 State Street Global Advisors Says Gold Could Reach $2,400 READ MORE US Treasuries Boom: Paying Out $2 Million Per Minute Amidst Rising Yields READ MORE Inflation, Growth, and Labor Data Heat Up, But Wall Street Stays Skeptical READ MORE Saudi Arabia Joins China-Led CBDC Project for Cross-Border Trade READ MORE Concerns Over Yen's Decline Prompt Japan to Consider Market Actions READ MORE Add a Comment Cancel replyYour email address will not be published.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