The Goldman Sachs Group Inc. strategist who accurately predicted Wall Street’s underperformance this year now expects U.S. equities to continue lagging for the next decade.

According to their analysis, the challenges facing the market are not just short-term obstacles but indicate a prolonged period of subdued returns for investors. This outlook suggests that caution may be warranted when considering U.S. equity investments in the years ahead.
https://www.bloomberg.com/news/articles/2025-11-12/goldman-strategists-see-us-stocks-lagging-all-peers-next-decade