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Length and Average Growth Rate of Expansion Since 1954

Length and Average Growth Rate of Expansion Since 1954.PNG

Relative Performance of Portfolio with Commodities VS Portfolio without Commodities 1973-2017

Relative Performance of Portfolio with Commodities VS Portfolio without Commodities 1973-2017.PNG

Performance: Stocks, Bonds, Bills and REITs 1972-2017

Performance_ Stocks, Bonds, Bills and REITs 1972-2017.PNG

US Equity Bull Runs Since 1982

US Equity Bull Runs Since 1982.PNG

GMO 7-year asset class return forecasts

GMO 7-year asset class return forecasts.PNG

GMO 7-year global equity forecasts

GMO 7-year global equity forecasts.PNG

S&P 500 Index

S&P 500 Index.PNG

Us Treasuries

Us Treasuries.PNG

60/40 “Lost Decades” are more common than you think

60_40 Lost Decades” are more common than you think.PNG

Investment-Grade, High-Yield and Loan Net Leverage Since 1992

Investment-Grade, High-Yield and Loan Net Leverage Since 1992.PNG

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