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Policy uncertainty remains the wild card


Missing the Market's Best Days Has Been Costly 1990-2019

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Morningstar High Yield Category Returns vs. High Yield Spreads (1997-2020)

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US Equities Recorded Their Largest Monthly Increase Since 1987 Despite Economic Woes (1969-2020)

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U.S. Corporate credit as % GDP


Annual Returns of Value and Growth U.S Equity Categories 1990-2019

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Frequency of a Value Premium 1990-2019

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Value and Growth Premiums Over 5- Year Rolling Periods 1990-2019

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U.S. 10Y yields


Feast or Famine 1926-2019

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