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Why Emerging Markets ?

Why Emerging Markets.png

Other Common Valuation Metrics Imply Overvaluation As Well

Other Common Valuation Metrics Imply Overvaluation As Well.png

The Link Between Starting Valuations And Subsequent Returns

The Link Between Starting Valuations And Subsequent Retur.png

Rates Are Difficult to Predict

Rates Are Difficult to Predict.png

Why Bonds Now? The Durability of Bond Returns

Why Bonds Now The Durability of Bond Returns.png

U.S. Market Cycles

U.S. Market Cycles.png

Long-Term Returns Have Clearly Declined As Valuations Rise

Long-Term Returns Have Clearly Declined As Valuations Rise.png

Even End-of-Life Medical Expenses Are Only Significant for the Top 5% of the Population

Even End-of-Life Medical Expenses Are Only Significant for the Top 5% of the Population.png

Too big to fail has not gone away

Too big to fail has not gone away.png

Zone Euro: Les perspectives de croissance sont decevantes

Zone Euro- Perspectives de croissance sont decevantes.png

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