JPMorgan just dropped their long-term outlook: they're projecting the classic 60/40 portfolio (stocks/bonds) will deliver about 7% annually over the next 10-15 years.

That's actually solid for traditional allocation strategies. Not spectacular, but steady compounding at 7% doubles your money in roughly a decade. For context, this suggests JPM expects:

• Equity returns to moderate from recent highs
• Bonds to provide better income than the 2010s zero-rate era
• Balanced portfolios to work again after getting crushed in 2022

The 60/40 was declared dead when both stocks and bonds fell together. Now the smart money is quietly saying it's back. Interesting shift in institutional thinking.