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Economy

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Gold Market History (Source: Morgan Stanley Research)

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Interest rates versus inflation since 1940

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Inflation-adjusted returns of stocks and bonds since 1960

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Gold price adjusted for inflation since 1920

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Average annual tax drag for 5 years ending December 2020

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The high cost of investor behavior 1984-2020 (Source: Russell Investor Group)

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Tight credit spreads show the need for selectivity (Source: Capital Group)

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CPI percent fluctuations since 2000

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Timeline of previous vaccine development (years)

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Total real return indices since 1802

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