No. of Recommendations: 4
A few links to the past projections:
Vanguard's economic and investment outlook (2016)
https://www.bogleheads.org/forum/viewtopic.php?t=1...Vanguard economic and market outlook for 2018: Rising risks to the status quo
"... For 2018 and beyond, our investment outlook is one of higher risks and lower returns. ...
our expected return outlook for U.S. equities over the next decade is centered in the 3%–5% range...
the expected return outlook for non-U.S. equity markets is in the 5.5%–7.5% range ..."
The Internet Archive: Wayback MachineVanguard’s outlook for financial markets, 2023
"... We’ve decreased our recession probability estimate to 70% over the next 18 months from more than 90%, pushing our base-case recession timeline from 2023 to 2024. ... Our 10-year annualized nominal return and volatility forecasts are shown below. They are based on the June 30, 2023, running of the Vanguard Capital Markets Model® (VCMM). Equity returns reflect a 2-point range around the 50th percentile of the distribution of probable outcomes. ...
U.S. equities 3.7%–5.7%
U.S. value 4.6%–6.6%
U.S. growth 0.8%–2.8%
Global equities ex-U.S. (unhedged) 6.4%–8.4% ..."
web.archive.org - Market perspectives 