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Economy

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Volatility Across Asset Classes and Countries

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Average Annual Returns of the S&P 500 Index

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How These Strategies Have Compared in Historical Down Markets as Defined by the S&P 500

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US Government Securities Fund Negatively Correlated to S&P 500

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US Crude Oil Production (1987-2015)

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MSCI Emerging Markets Index (Local Currency) with Periods of Economic Weakness

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Profit Cycle Warns of Deterioration Ahead of Labor Data---By then Too Late

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Since 1929 to 2009, The S&P 500 Index Has Averages a 33% Decline during Recessionary Pullbacks

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Manager Retention Tends to Equal Success

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Growth/Value Spread Widest Since Tech Bubble

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