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Corey Hoffstein draws attention to GMO's 7-year asset class forecasts, which have indicated negative or near-zero expected real returns for U.S. large-cap stocks since approximately 2010 to 2011.
This perspective highlights a long-running skepticism about the return prospects for major U.S. equities over the past decade.
Hoffstein has previously noted key industry milestones, including the ETF sector reaching $4 billion in assets under management. He also explained how trend following returns frequently arise when related markets move in tandem. These observations provide further context to his recent focus on long-term U.S. equity return expectations.