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Treasury yields have declined meaningfully in 2019 across all maturities

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Earnings growth is declining globally

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30 funds that investors fled in 2008

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Economic prosperity has never been so poor

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All major currencies have depreciated relative to Gold

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Countries by their global debt shares

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Visualizing interest rate throughout history

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Treasury yield curve, 1989 to 2019

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Adjusted for QE and QT, the curve may have inverted in December

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1970 - 2007 trend and actual real GDP per capita

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