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The Bear Market Will be Defined by the American Leader, not the Laggards Since 2015

Submitted by Your Personal CFO - Bourbon Financial Management on December 14th, 2018

The Bear Market Will be Defined by the American Leader, not the Laggards Since 2015.PNG

Submitted by Your Personal CFO - Bourbon Financial Management on December 14th, 2018

Stock Market Drawdown Chart Since 1970.PNG

Submitted by Your Personal CFO - Bourbon Financial Management on December 14th, 2018

Emergence of a Risk Premium for Emerging Equity Since 1996.PNG

Submitted by Your Personal CFO - Bourbon Financial Management on December 14th, 2018

Investment Landscape is Shaped by Prospective Profitability Since 1988.PNG

Submitted by Your Personal CFO - Bourbon Financial Management on December 14th, 2018

Impact of Tariffs Versus Incremental Fiscal Policy ($ bn).PNG

Submitted by Your Personal CFO - Bourbon Financial Management on December 14th, 2018

Transparency Prevents Trend Chasing.PNG

Submitted by Your Personal CFO - Bourbon Financial Management on December 14th, 2018

Will Your Factor Deliver.PNG

Submitted by Your Personal CFO - Bourbon Financial Management on December 14th, 2018

Recent US Economic Growth Has Been Exceptionally Slow Since 1960.PNG

Submitted by Your Personal CFO - Bourbon Financial Management on December 14th, 2018

Concentration of Returns During the Bull Market Run Since 2009.PNG

Submitted by Your Personal CFO - Bourbon Financial Management on December 14th, 2018

Highest Valuation Stocks Have Fared Uncharacteristically well relative to history during the laste decade Since 1990.PNG