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Global credit cycles are increasingly unsynchronized

Global credit cycles are increasingly unsynchronized.png

30-year fixed rate mortgage average in the United States since 2000

30-year fixed rate mortgage average in the United States since 2000.png

The leisure-filled vision of retirement is changing

The leisure-filled vision of retirement is changing.png

S&P 500 cumulative price return versus total return since inception 1964

S&P 500 cumulative price return versus total return since inception 1964.png

From morning 'til night

From morning 'til night.png

Dividends beat value and growth over 20 years since 1999

Dividends beat value and growth over 20 years since 1999.png

Stocks as percent of retirement portfolio

Stocks as percent of retirement portfolio.png

Domestic stocks as percent of total stocks

Domestic stocks as percent of total stocks.png

Valuations of Emerging Markets since 1998

Valuations of Emerging Markets since 1998.png

The valuation spread between growth and value is wide

The valuation spread between growth and value is wide.png

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