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Economy

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Historically, the first halves of bull markets usually outperform the second

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S&P 500 / emerging markets

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S&P 500/MSCI emerging markets and US dollar

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Bloomberg US aggregate bond index's yield to worst versus S&P 500's dividend yield since December 2002

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Historically, the longer the time horizon the more likely you are of making money

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Bloomberg US and global aggregate bond indices: Yield to worst since December 2002

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US versus rest of the world trends since 1994

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S&P 500 Multiples since 1999

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Yield of Bloomberg US aggregate bond index since 2004

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US credit spreads minus government compared to long-term median since 1972

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