The golden era of investing is over. After 40+ years of disinflation, falling interest rates, and rising valuation multiples, the environment is changing.
And it’s being replaced with a set of secular trends that we expect to each have unique economic impacts but collectively put upward pressure on interest rates and inflation over the next decade.
We discuss:
- What we’ve seen in the economy and markets so far in 2025, the broad policy environment and how that has changed.
- The trajectory of the treasury market over the course of the last several decades.
- The broad equity environment, what it could mean for long-term returns, and the potential competition for capital from other asset classes.
- The secular forces that are changing in the world today and the potential impact to the investment environment.
Speakers
- Jake Symoniak, Senior Global Equities Strategist
- Jeffrey Ingraham, CFA®, CAIA, Managing Director, Portfolio Strategies

The Investing Potential of the Next Decade
Get resources for you and your clients, including a whitepaper that takes a closer look at the next decade of investing and a presentation that you can use with your clients – plus, for qualified advisors, you can request an in-person presentation with a Manning & Napier Advisor Consultant.
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