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Commodity Business Cycle

Commodity Business Cycle.png

Growth (in USD) of Investments in the U.S. Capital Markets Since 1927

Growth (in USD) of Investments in the U.S. Capital Markets Since 1927.png

Annual Returns for Large Cap Stocks and Long Term Government Bonds Since 1927

Annual Returns for Large Cap Stocks and Long Term Government Bonds Since 1927.png

P/E of MSCI Emerging Markets Index

PE of MSCI Emerging Markets Index.png

PIMCO’s 10-Year Capital Market Assumptions Suggest Lower Returns Across Major Markets

PIMCO’s 10-Year Capital Market Assumptions Suggest Lower Returns Across Major Markets.png

History of the Stock-Bond Correlation

History of the Stock-Bond Correlation.png

Asset Valuations Reflect Optimistic Expectations

Asset Valuations Refelect Optimistic Expectations.png

Realized Sharpe Ratios Were Exceptional in 2017

Realized Sharpe Ratios Were Exceptional in 2017.png

Change in Emerging Markets Vs. U.S. Equity During Corrections

Change in Emerging Markets Vs. U.S. Equity During Corrections.png

Annual Stock and Bond Returns Since 1926

Annual Stock and Bond Returns Since 1926.png

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