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Bloomberg US aggregate intra-year declines vs. calendar year returns since 1976

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US home price growth by city, housing affordability index since 1981, and credit score at mortgage origination since 1999

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S&P intra-year declines vs. calendar year returns since 1980

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S&P 500 index: Forward P/E ratio since 1997

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Country ETFs: 2022 total returns (in US$) as of 12/31/22

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S&P 500 index at inflection points since 1996

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97-year return history of long-term corporate bonds 1926-2022

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US long-term nominal (before inflation) bond total returns since 1793

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Market history for years ending December, 2022

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UK housing most unaffordable since Victorian times

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