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Worst starts since 1927

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Relationship between yield-to-worst and 5-year total returns since 1980

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America's post-WW2 recessions

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20-year annualized returns by asset class (2002-2021)

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Bloomberg US aggregate intra-year declines vs. calendar year returns since 1976

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Bull and bear markets since 1926

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Percentage of time with negative total returns

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Gold (block) and the US dollar index (inverted in grey) since 1970

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Asset class performance in different inflation environments

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Corporate talk of deglobalization has hit a new high while global trade has slightly decreased in recent years

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