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Economy

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Calendar Year-Growth Cumulative Return Differential %

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Calendar Year-Growth Cumulative Return Differential %

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Long-term real return estimates for major asset classes

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Housing bubble reblown

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Correlation of Changes in US Equities vs International Equities Measured Over Varying Horizons

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Corporate bond spreads remain tight

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European vs. US CAPE

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Magnitude of potential outperformance

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Real US stock and house prices since 1899

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Value's recent underperformance is an anomaly

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