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Inflation may be even higher than reported since 1980

Submitted by Your Personal CFO - Bourbon Financial Management on March 9th, 2023

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COVID-19 vaccines were developed at breakneck speed: Timeline of previous vaccine development (years)

Submitted by Your Personal CFO - Bourbon Financial Management on March 9th, 2023

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Baisse cumulée du MSCI world par rapport au précédent point haut depuis 1970

Submitted by Your Personal CFO - Bourbon Financial Management on March 9th, 2023

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Drivers of S&P 500 returns by calendar year

Submitted by Your Personal CFO - Bourbon Financial Management on March 9th, 2023

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5-year rolling returns of low price/book vs. MSCI EM index 1992-2021

Submitted by Your Personal CFO - Bourbon Financial Management on March 9th, 2023

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Global equity markets - evolution of our return expectations

Submitted by Your Personal CFO - Bourbon Financial Management on March 9th, 2023

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S&P 500 around first Fed rate hikes vs. speed of hikes

Submitted by Your Personal CFO - Bourbon Financial Management on March 9th, 2023

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Speed valuations relative to past 20 years

Submitted by Your Personal CFO - Bourbon Financial Management on March 9th, 2023

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Annualized 10-year forward-looking return estimates

Submitted by Your Personal CFO - Bourbon Financial Management on March 9th, 2023

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Federal reserve assets, % of GDP since 1947

Submitted by Your Personal CFO - Bourbon Financial Management on March 9th, 2023

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