FBC The Willis Report January 1, 2015
No point to look shorter. The returns will be lower than historical norms that is around 9 percent per year for stocks i think maybe six or 7 percent is more likely over the next decade. But i think it is highly likely that rational expectations for stocks in the range of six or 7 percent will be better than the returns on bonds. We have to hold them we need the protection. Stocks will do around twice that well so dont get out of the market. We prepared for big bombs. I cannot tell a field of 25 . I cannot say that. Gerri new talk about the bond market. And some of those that are in retirement...