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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

Share of government debt with negative yields as of June 18, 2019

Share of government debt with negative yields as of June 18 2019.png

US yield curve vs S&P 500 next 12M returns

US yield curve vs SP 500 next 12M returns.png

Nine extended downturns since 1926

Nine extended downturns since 1926.png

Regional exposures of the MSCI ACWI index, as measured by its constituent companies' country of domicile and source revenue

Regional exposures of the MSCI ACWI index as measured by its constituent companies country of domicile and source revenue.png

What percentage of the top 50 stocks each year are non-US?

What percentage of the top 50 stocks each year are non-US.png

Labor costs are finally rising, placing added pressure on corporate profits

Labor costs are finally rising, placing added pressure on corporate profits.png

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