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Unaffordable homes: Housing affordability gauge surpasses 2008 level

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Comparison of current asset class yields & historical ranges since 1985

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US existing home inventory % change since 2000

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Personal saving rate in the US as a percentage of disposable personal income since 2000

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Annual US inflation since 2000

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Personal savings rate annual % of gross income since 1960

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Annualized Returns (Source: GMO)

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Reversion to the Mean (Source: Robert Shiller)

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Real Earnings Growth by Decade (Source: Robert Shiller)

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Gold Market History (Source: Morgan Stanley Research)

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