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 Fed Holds Rates Steady, Hints at Easing Monetary Policy Soon READ MORE World Gold Council: Examining the US Election's Effect on Gold READ MORE Why SILVER is the HIGH-BETA Version of GOLD READ MORE Revisiting the 2024 Gold Price Predictions READ MORE Baby Boomers' $76 Trillion Savings Shield US from Recession READ MORE Add a Comment Cancel replyYour email address will not be published.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