(https://www.marketwatch.com/story/your-investing-expectations-are-more-than-double-the-reality-here-is-the-tough-truth-dea61820?mod=mw_rss_topstories) because retail anchored to the 2009-2021 era when QE pushed multiples higher faster than earnings grew. Now consensus has reset to 7% real returns instead of 10%+.