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Stock market reacts positively to Fed interest rate cuts

Stock market reacts positively to Fed interest rate cuts.png

Ten-year expected reduction in market volatility - United States

Ten-year expected reduction in market volatility - United States.png

S&P 500 price to shiller earnings

S&P 500 price to shiller earnings.png

United States: corporate debt-to-GDP

United States corporate debt-to-GDP.png

NDRG global recession probability model vs. MSCI ACWI

NDRG global recession probability model vs. MSCI ACWI.png

U.S. historical drawdowns in the Value Premium (HML) have been followed by recoveries

U.S. historical drawdowns in the Value Premium (HML) have been followed by recoveries.png

Value vs. Growth since 1936

Value vs. Growth since 1936.png

Equities outperformed 1-month T-bill only 80% of the time on a rolling 10-year basis

Equities outperformed 1-month T-bill only 80% of the time on a rolling 10-year basis.png

The long-term value premium requires a strategic lens

The long-term value premium requires a strategic lens.png

Worst equity excess return drawdowns across countries (USD terms)

Worst equity excess return drawdowns across countries (USD terms).png

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