UPDATE: You're not going to like these predictions for mutual funds
Emerging stock markets have been flat over past six years — risks are commodity rout, China slowing and higher U.S. rates.
Plus, two Vanguard heavyweights disagree on proposed securities transaction tax.
Europe is “turning Japanese, they really think so.”
By the time retirement savers realize the error of their ways, it may be too late.
Unless specified otherwise, all performance and market data are sourced from Bloomberg. For all indices, performance reflects total returns which is change in price plus reinvested dividends and/or interest, if any. MSCI index total returns are shown net of dividend withholding taxes.