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Real Fed funds rate since 1960

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How many dollars one euro buys

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How stocks perform around recessions since 1953

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Bond performance 12 months following first Fed hike since 1994

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Fixed income has generated positive returns across market environments since 1978

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Historically investors have generated strong returns following yield peaks since 1990

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Contributors to Bloomberg aggregate total return in Fed hiking cycles

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Valuations at stock market's mid-May low

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Percent of S&P 500 total market cap with P/S > 10x since 1964

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Global stock price index during cyclical bears within secular bulls

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