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Market expectations of Fed funds rate in 1 year

Market expectations of Fed funds rate in 1 year.png

7-year asset class real return forecasts

7-year asset class real return forecasts.png

S&P 500 median forward price/earnings and domestic profit margins

SP 500 median forward price-earnings and domestic profit margins.png

MSCI EAFE value vs growth relative valuations and subsequent 5-year returns

MSCI EAFE value vs growth relative valuations and subsequent 5-year returns.png

MSCI EAFE - growth of a hypothetical $10,000 investment

MSCI EAFE - growth of a hypothetical 10,000 investment.png

Valuation discount for international markets near all-time high levels

Valuation discount for international markets near all-time high levels.png

US vs international performance

US vs international performance.png

Past crises in EM were often followed by strong returns

Past crises in EM were often followed by strong returns.png

US vs international equity performance cycles

US vs international equity performance cycles.png

Global GDP share and global opportunity set

Global GDP share and global opportunity set.png

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