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60/40 total return (w/ annual rebalance): 4-month % change

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S&P 500 intra-year declines vs. calendar year returns

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S&P 500 index future returns

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US job openings per unemployed worker

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Combined weight of 5 largest S&P 500 stocks since 1980

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The 2022+ bear market in historical perspective

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Global equity valuations - PE10 since 1985

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S&P 500 has contracted 24% from peak to trough around the median recession since WW2

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US fed trade-weighted real broad dollar index, 1973 through Q1 2022

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Value of 1 US dollar relative to the Swiss franc, as of 31 December 1981 through Q1 2022

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