Economy

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US equity relative performance & US trade weighted nominal dollar since 1990

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S&P 500 index (logarithmic scale) since 1957

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US government bond yields as of October 3, 2022

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Equity NTM FCF yield vs. BAA bond yield since 2008

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Aggregate drawdown creates tax-loss harvesting opportunities

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Private equity deals and exits since 2007

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Percent job losses in post WW2 recessions

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Unemployment rate and S&P 500 drawdown (in %) since 1960

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Bloomberg US aggregate bond index: Initial yield-to-worst and subsequent 5-year total return since 1976

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S&P 500 index vs. active domestic large cap funds since 1975

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