From Dow Jones & Company:



Investors are gearing up for a busy week with the release of important data, and stocks are pointing to more losses as China gaming stocks contribute to a dampened festive mood. A Wall Street veteran is warning that based on the high number of stock holdings for American households, investors could be facing “seven lean years” of returns ahead. This is based on the historical trend that when households own a high percentage of equities, future stock returns tend to lag historical averages. The S&P 500’s total return is above average currently, but if history holds true, stock returns over the next seven years could be lower than the historical average. Other key topics in the article include stocks, bond yields, gold, and oil; the upcoming release of the Fed’s preferred inflation gauge and other economic data; developments in various companies and their stocks, including Nike, Adidas, Tesla, and more; a chart showing concerns about credit card debt and delinquency; and the most searched tickers on MarketWatch.

In summary, the article discusses investor concerns about upcoming economic data, potential stock market losses, and concerns about high levels of household equities and credit card debt. It also touches on various developments in the stock market and specific companies, and provides a chart showing rising credit card delinquencies.



Original: A pile into stocks by U.S. investors may mean weak returns for years, says Wall Street veteran