Your Money

Vanguard’s latest Capital Markets Model suggests a surprising possibility: cash could outperform stocks over the next decade. Their 10-year annualized nominal return forecast for U.S. equities sits at 2.8%–4.8%, while cash is projected to return 3.1%–4.1%.

Across 20 asset classes, a clear theme emerges—the next ten years may look very different from the last. Vanguard expects international markets to outperform U.S. equities and value stocks to outshine growth.

With the AI-driven boom and American exceptionalism in full force, these predictions may seem improbable today. But as the old investing adage goes, "In the short run, valuation doesn’t matter; in the long run, it’s the only thing that does."

At PWM, we don’t claim to know exactly when momentum will shift. That’s why we remain diversified—across markets large and small, foreign and domestic, public and private—positioning for whatever the future holds.

Vanguard Market Perspective
source: Vanguard
 

Your Life

Did you know your gut is home to trillions of bacteria that play a huge role in your overall health? This Healthline article breaks down how the gut microbiome influences digestion, immunity, and even mood. A balanced microbiome can support everything from better nutrient absorption to reduced inflammation. Want to keep your gut happy? Eating fiber-rich foods, probiotics, and fermented foods can help maintain a thriving microbiome.

How Does Your Gut Microbiome Impact Your Overall Health?
by Ruairi Robertson, PhD

Complexity Simplified

If you’re looking for an easy (and tasty) way to support your gut microbiome, kombucha might be worth a try! This fizzy, fermented tea is packed with probiotics, which can help promote good bacteria in your gut and aid digestion. But how much is too much? Cleveland Clinic experts weigh in on the potential benefits and safe consumption guidelines to help you make the most of this trendy health drink.

Is Kombucha Good for You?
source: Cleveland Clinic

Trivia