(Reuters) - "Caution", "danger", and "unsustainable returns" were the
buzzwords at Morningstar Inc.'s annual investment
conference held last week at the research firm's headquarters
in Chicago. And these terms were applied equally to bonds and
equities, domestic and international.
"If we are to rely on history as a predictor of future
returns, we are likely to be intensely disappointed. Because
the future is simply unlikely to be anywhere near the recent or
even historical past," Ranji Nagaswami, chief investment
officer of AllianceBernstein Investments, told the conference.
Read more at Reuters.com Bonds News
buzzwords at Morningstar Inc.'s annual investment
conference held last week at the research firm's headquarters
in Chicago. And these terms were applied equally to bonds and
equities, domestic and international.
"If we are to rely on history as a predictor of future
returns, we are likely to be intensely disappointed. Because
the future is simply unlikely to be anywhere near the recent or
even historical past," Ranji Nagaswami, chief investment
officer of AllianceBernstein Investments, told the conference.
Read more at Reuters.com Bonds News
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