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Equity market 10-year outlook: Setting reasonable expectations

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Annual total return (%) S&P500 vs. Bloomberg US aggregate since 1977

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US dollar bull and bear cycles since 1970

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Income is back in fixed income

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US 10-year treasury yield (%) since 1955

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Index cumulative return since 1990

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Distribution of historical stock and bond returns since 1873

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Barclays BTOP50 vs. MSCI world index

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10-Year US treasury drawdown since 1950

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