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Share of government debt with negative yields as of June 18, 2019

Share of government debt with negative yields as of June 18 2019.png

US yield curve vs S&P 500 next 12M returns

US yield curve vs SP 500 next 12M returns.png

Nine extended downturns since 1926

Nine extended downturns since 1926.png

Regional exposures of the MSCI ACWI index, as measured by its constituent companies' country of domicile and source revenue

Regional exposures of the MSCI ACWI index as measured by its constituent companies country of domicile and source revenue.png

What percentage of the top 50 stocks each year are non-US?

What percentage of the top 50 stocks each year are non-US.png

Labor costs are finally rising, placing added pressure on corporate profits

Labor costs are finally rising, placing added pressure on corporate profits.png

History shows that US long-term rates can remain low for extended periods

History shows that US long-term rates can remain low for extended periods.png

Digitization of society: the technology revolution

Digitization of society- the technology revolution.png

Surprise indices, 3-month moving average

Surprise indices, 3-month moving average.png

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