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Gold price adjusted for inflation (Source: Citi)

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Average annual tax drag for 5 years ending December 2020 (Source: Morningstar

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The high cost of investor behavior 1984-2020 (Source: Russell Investor Group)

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Tight credit spreads show the need for selectivity (Source: Capital Group)

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Inflation may not be as high as it seems (Source: Bureau of Economic Analysis)

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Total Real Return Indices (Source: Jeremy J. Siegel PhD)

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Asset-class return outlooks (Source: Vanguard Investment Strategy Group)

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Three scenarios for 10-year bond yields (Source: Bloomberg)

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S&P 500 vs. Russell 2000 (DoubleLine 1980-2019)

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