If you have a 401(k) and you’re of a nervous disposition, you probably don’t want to look at the chart above.
Even by the standards of GMO, the super-cautious money management firm in Boston best known for its famous co-founder Jeremy Grantham, it’s terrifying.
It shows about the worst medium-term forecasts on record for pretty much all the assets most of us own in our retirement accounts. Large company U.S. stocks like the S&P 500
? Small company U.S. stocks like the Russell 2000
? International stocks? U.S. bonds, foreign bonds, inflation-protected bonds? GMO thinks if