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95-Year Return History for Common Stocks (PPCA 1933-2020)

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MSCI ACWI Returns (Bloomberg Data 2001-2020)

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Dividend Discount Model (FPA 2020)

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Yield to Worst of the ICE Bofa US High Yield Index (Bloomberg Data 2010-2020)

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Margin Debt (Yardeni Research 1960-2020)

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What were you thinking? (The Felder Report 1985-2019)

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Large Capitalization Stocks with Forward P/E Ratios of >50x (Empirical Research Partners 1976-2020)

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U.S gross domestic product fell 3.5% in 2020 (Commerce Department 1930-2020)

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Valuation Spreads (Empirical Data from NBER 1952-2020)

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