Economy

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Does value last year tell us about this year?

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US personal savings rate (average - 1959-2022)

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US and Euro investment grade yields - highs not seen in a decade

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US convertible default rates remain low over long term

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The home price correction is sharpest out west

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Relative equity market performance: USA vs. RoW since 1973

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Real broad effective US dollar exchange rate

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US dollar in historical perspective since 1973

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Equity risk premiums are higher outside the US

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CPI year over year (%)

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