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Interest rate vs. EAFE/US performance since December 1999

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Discounted dollar prices have presented total return opportunities since 2015

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Stocks and bonds have rarely declined in tandem since 1977

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Stocks have been a leading indicator of the economy

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The unemployment rate vs. recessions since 1948

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Betas and t-stats of global asset-class returns relative to US dollar return since 1926

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US dollar long cycles (DXY) since 1967

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Stocks, bonds and cash since 1928

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Annual mortgage cost as a percentage of household income since 1948

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S&P 500: Earnings growth, price returns, TTM P/E ratios since 1989

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