What Is the Historical Average for the S&P 500?

From 1970 till now, the S&P 500 is annualized an 11.1% rate of return. Research affiliates thinks that over the next 10 years, we can probably expect 1.6% morning star. That's less than what cash is doing right now. The pluck effect or if you want to visual, think about the rubber band is that obviously when you have a version to the mean, underperformance happens.