Many financial advisers, money managers and investment experts are now forewarning that stocks, bonds, money market funds and real estate are all headed in the same direction for the foreseeable future: single-digit returns, The Wall Street Journal reports.

Warren Buffet and Bill Gross have both said they expect the equity markets to return 5% to 8%, and their predictions have merit, according to The Journal. Stocks in the S&P 500 are trading at 26 times earnings, dividend yields are a nominal 1.6%, and interest rates have been cut to the bone. At the beginning of every bull market, P/E ratios have been below average, yields have been at least twice as high and interest rates have had room to cut.

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