Patience Needed in Lower-Return Environment
Vanguard chief economist Joe Davis expects lower market returns over the next decade and says investors will need to be patient and diligent to be successful.
Note: This video is the second of two parts with Vanguard's Joe Davis.
Christine Benz: Let's talk about Vanguard's forward-looking outlook for the U.S. economy over the next decade. I know you do it in bands. You don't sort of have a blanket growth target. But let's talk about where you are seeing the economy going in the decade ahead.