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Economy

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Four Bad Bears Total Returns Adjusted for inflation

Four Bad Bears Total Returns Adjusted for inflation.PNG

Declines Associated with recessions & Declines without a recession

Declines Associated with recessions & Declines without a recession.PNG

The world’s largest economies (based on PPP), 1820-2050E

The world’s largest economies (based on PPP), 1820-2050E.PNG

Emerging Markets vs. US

Emerging Markets vs. US.PNG

Current expansion: Fifth set, no tie break?

Current expansion_ Fifth set, no tie break.PNG

From synchronized acceleration to synchronized deceleration

From synchronized acceleration to synchronized deceleration.PNG

Fed “Dot Plot”

Fed “Dot Plot”.PNG

Retiree Hearth Care Cost Estimates Over Time 2002-2018

Retiree Hearth Care Cost Estimates Over Time 2002-2018.PNG

History of US Bear & Bull Markets Since 1926

History of US Bear & Bull Markets Since 1926.PNG

Growth of $1 past Crisis 1930-2002

Growth of $1 past Crisis 1930-2002.PNG

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