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US convertible default rates remain low over long term

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The home price correction is sharpest out west

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Relative equity market performance: USA vs. RoW since 1973

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S&P 500 returns during rate hike cycles

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S&P 500 rolling 30 year returns: 1926-2023

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S&P 500 rolling 20 year returns: 1926-2023

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S&P 500 rolling 10 year returns: 1926-2023

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Real broad effective US dollar exchange rate

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US dollar in historical perspective since 1973

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Equity risk premiums are higher outside the US

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