S&P 500's Average Annualized Return over the Next 10 Years, by Starting CAPE

High starting valuations have often meant leaner returns. When the CAPE ratio was above 30, stocks gained just 1.4% a year on average over the following decade. With the CAPE now at 41.8, could stocks trail bonds for another decade?

Image: Real Investment Advice

S&P 500's Average Annualized Return over the Next 10 Years, by Starting CAPE