Expected returns and correlations of asset classes.
Executive summary of JPM's long-term capital market return assumptions
Full 62-page report with analysis of all asset classes.
What to expect in the next 15 years.
Living in a less liquid world: The do's and don'ts for bond investors
Dr. Kelly's commentary for June 2015.
This research examines the evolution of baby boomer balance sheets and attempts to assess and quantify its implications for markets and investors.
This bulletin, written by Dr. David Kelly, addresses the impact that deflationary fears have had on the Fed's decision to postpone rate hikes.
This full report is a comprehensive and detailed analysis of our 10-to 15 year asset class forecasts. US version.
This bulletin, written by Dr. David Kelly, examines the impact of weak Chinese markets on the U.S. economy in early 2016.