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Economy

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Percent of total US population 65 and over since 1950

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Wholesale prices in the US (rolling 10-yr. average, annually, %) since 1750

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Percent of Russell 3000 growth stocks with negative earnings since 1980

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Household net worth in the US by income group since 2005

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Adding alternatives can increase diversification when stocks and bonds are positively correlated

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International: Price-to-earnings discount and dividend yields vs. US since 2001

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Nominal and real 10-year Treasury yields since 1958

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Top Half Domestic Funds of 2016 Were Unlikely to Repeat their Accomplishments over 2017-20 (S &P Dow Jones Indices)

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Ten Largest Market-Capitalization Stocks in the World at the Beginning of Each Year (Source: Research Affiliates)

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S&P 500 Performance (Source: Charles Schwab)

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