Are We in Good Shape for That Long-Term Saver?

Long-term saver: Are you optimistic about the future direction of US asset markets or world asset markets? I think that returns are going to be weaker for the next decade or two decades than they have been for the last 30 or 40 years. Demographics in the US is aging the population. China, this was the first year The China actually had the population shrink. A lot of those things that resulted in extraordinary equity returns or returns for businesses in general are probably going to be a bit harder to come by.