Historical Data
Daily U.S. Stock Returns
Annual U.S. Stock Returns
Long Term U.S. Stock Returns
Long Term U.S. Bond Returns
Global Market Returns
Dimensions Of Returns
![performance-of-the-equity-premiums_ppt_Page_04.jpg](https://images.squarespace-cdn.com/content/v1/5b88ec365b409b331ef6ab83/1718729128539-XGH787F2H5USKHFMJ4VX/performance-of-the-equity-premiums_ppt_Page_04.jpg)
![performance-of-the-equity-premiums_ppt_Page_06.jpg](https://images.squarespace-cdn.com/content/v1/5b88ec365b409b331ef6ab83/1718729128675-OD6G6QJ211XO1Z9D4XCT/performance-of-the-equity-premiums_ppt_Page_06.jpg)
![performance-of-the-equity-premiums_ppt_Page_07.jpg](https://images.squarespace-cdn.com/content/v1/5b88ec365b409b331ef6ab83/1718729132436-DWFWBVVCHQOF483DXT1Z/performance-of-the-equity-premiums_ppt_Page_07.jpg)
![performance-of-the-equity-premiums_ppt_Page_08.jpg](https://images.squarespace-cdn.com/content/v1/5b88ec365b409b331ef6ab83/1718729132571-B0UOU1JSGAW825JC6Z1K/performance-of-the-equity-premiums_ppt_Page_08.jpg)
![performance-of-the-equity-premiums_ppt_Page_09.jpg](https://images.squarespace-cdn.com/content/v1/5b88ec365b409b331ef6ab83/1718729136601-DJEQ7ZCMDCP5LZ1RIEKW/performance-of-the-equity-premiums_ppt_Page_09.jpg)
![performance-of-the-equity-premiums_ppt_Page_11.jpg](https://images.squarespace-cdn.com/content/v1/5b88ec365b409b331ef6ab83/1718729136577-YNYY0NYBX3XVJLOQGBE5/performance-of-the-equity-premiums_ppt_Page_11.jpg)
![performance-of-the-equity-premiums_ppt_Page_12.jpg](https://images.squarespace-cdn.com/content/v1/5b88ec365b409b331ef6ab83/1718729140531-NRFVD8ZTE3OTKVYC418L/performance-of-the-equity-premiums_ppt_Page_12.jpg)
![performance-of-the-equity-premiums_ppt_Page_13.jpg](https://images.squarespace-cdn.com/content/v1/5b88ec365b409b331ef6ab83/1718729140449-LCX0AD4DHFEAYKULGZUY/performance-of-the-equity-premiums_ppt_Page_13.jpg)
![performance-of-the-equity-premiums_ppt_Page_14.jpg](https://images.squarespace-cdn.com/content/v1/5b88ec365b409b331ef6ab83/1718729144566-6SH2AO75JECPSE8DFZWN/performance-of-the-equity-premiums_ppt_Page_14.jpg)
![performance-of-the-equity-premiums_ppt_Page_16.jpg](https://images.squarespace-cdn.com/content/v1/5b88ec365b409b331ef6ab83/1718729144714-HTFO7NJ07V6LT3F1CJI4/performance-of-the-equity-premiums_ppt_Page_16.jpg)
![performance-of-the-equity-premiums_ppt_Page_17.jpg](https://images.squarespace-cdn.com/content/v1/5b88ec365b409b331ef6ab83/1718729148233-EGVQ0W0WTDG606C5BCQZ/performance-of-the-equity-premiums_ppt_Page_17.jpg)
![performance-of-the-equity-premiums_ppt_Page_18.jpg](https://images.squarespace-cdn.com/content/v1/5b88ec365b409b331ef6ab83/1718729148497-VWWCWNHXXFNINCB5Q8C2/performance-of-the-equity-premiums_ppt_Page_18.jpg)
![performance-of-the-equity-premiums_ppt_Page_19.jpg](https://images.squarespace-cdn.com/content/v1/5b88ec365b409b331ef6ab83/1718729152236-18WJHMCP20UXY156Z4XH/performance-of-the-equity-premiums_ppt_Page_19.jpg)
![performance-of-the-equity-premiums_ppt_Page_21.jpg](https://images.squarespace-cdn.com/content/v1/5b88ec365b409b331ef6ab83/1718744861891-SCUP7P167SMYXKIF40KC/performance-of-the-equity-premiums_ppt_Page_21.jpg)
![performance-of-the-equity-premiums_ppt_Page_22.jpg](https://images.squarespace-cdn.com/content/v1/5b88ec365b409b331ef6ab83/1718744962839-PSNECSA5OWD87MTO0E63/performance-of-the-equity-premiums_ppt_Page_22.jpg)
![performance-of-the-equity-premiums_ppt_Page_23.jpg](https://images.squarespace-cdn.com/content/v1/5b88ec365b409b331ef6ab83/1718745016786-HTJ29N12HR58FNWJ6QCB/performance-of-the-equity-premiums_ppt_Page_23.jpg)
Volatility
Diversification and Randomness
10 Year U.S. Treasury Yields
S&P 500 Historical Prices
S&P 500 Dividend Yield
Price/Earnings Ratio for S&P 500 Stocks
Shiller Cyclically Adjusted Price/Earnings (CAPE) Ratio For U.S. Stocks
U.S. Inflation Rate
Commodities
Currencies
Cryptocurrencies
Appendix: Selected Data Sources
![unbranded-slide-library-us_master_Page_136.jpg](https://images.squarespace-cdn.com/content/v1/5b88ec365b409b331ef6ab83/1693442371516-P4NYD3IM4YG8K09N9Y83/unbranded-slide-library-us_master_Page_136.jpg)
![unbranded-slide-library-us_master_Page_137.jpg](https://images.squarespace-cdn.com/content/v1/5b88ec365b409b331ef6ab83/1693442371096-J598US0O0LUZNA2134NF/unbranded-slide-library-us_master_Page_137.jpg)
![unbranded-slide-library-us_master_Page_138.jpg](https://images.squarespace-cdn.com/content/v1/5b88ec365b409b331ef6ab83/1693442377389-5TOPLSWBGTLBYN39EVK9/unbranded-slide-library-us_master_Page_138.jpg)
![unbranded-slide-library-us_master_Page_134.jpg](https://images.squarespace-cdn.com/content/v1/5b88ec365b409b331ef6ab83/1693442362856-J9N0WCXNFD5Z1OHJYW3O/unbranded-slide-library-us_master_Page_134.jpg)
![unbranded-slide-library-us_master_Page_135.jpg](https://images.squarespace-cdn.com/content/v1/5b88ec365b409b331ef6ab83/1693442362540-VJTFUCTJJ0HU9AGU8I74/unbranded-slide-library-us_master_Page_135.jpg)
![unbranded-slide-library-us_master_Page_139.jpg](https://images.squarespace-cdn.com/content/v1/5b88ec365b409b331ef6ab83/1693442381528-AVTGVDUT5BTVYAFLKRFC/unbranded-slide-library-us_master_Page_139.jpg)
![unbranded-slide-library-us_master_Page_140.jpg](https://images.squarespace-cdn.com/content/v1/5b88ec365b409b331ef6ab83/1693442386887-PKE8YPIF55HYZLXOALDK/unbranded-slide-library-us_master_Page_140.jpg)
![unbranded-slide-library-us_master_Page_141.jpg](https://images.squarespace-cdn.com/content/v1/5b88ec365b409b331ef6ab83/1693442390342-2R40ALR2P09I3BVMSHBK/unbranded-slide-library-us_master_Page_141.jpg)
![unbranded-slide-library-us_master_Page_142.jpg](https://images.squarespace-cdn.com/content/v1/5b88ec365b409b331ef6ab83/1693442395431-CE2DP7OCPKBXNFXU0D3S/unbranded-slide-library-us_master_Page_142.jpg)
![unbranded-slide-library-us_master_Page_143.jpg](https://images.squarespace-cdn.com/content/v1/5b88ec365b409b331ef6ab83/1693442397642-GFDUYMNNJPMUDPKPSBV7/unbranded-slide-library-us_master_Page_143.jpg)
![unbranded-slide-library-us_master_Page_144.jpg](https://images.squarespace-cdn.com/content/v1/5b88ec365b409b331ef6ab83/1693442403962-2VNONDX065Q986T89X18/unbranded-slide-library-us_master_Page_144.jpg)
![unbranded-slide-library-us_master_Page_145.jpg](https://images.squarespace-cdn.com/content/v1/5b88ec365b409b331ef6ab83/1693442407269-N0F62AW5QNWIGMTD311G/unbranded-slide-library-us_master_Page_145.jpg)
![unbranded-slide-library-us_master_Page_146.jpg](https://images.squarespace-cdn.com/content/v1/5b88ec365b409b331ef6ab83/1693442407800-M4L03FFF73QDNEXH5K5E/unbranded-slide-library-us_master_Page_146.jpg)
![all-end-investor-slide-decks_us_Page_77.jpg](https://images.squarespace-cdn.com/content/v1/5b88ec365b409b331ef6ab83/1718734619323-GG3NSM9THD72MWFQQFYN/all-end-investor-slide-decks_us_Page_77.jpg)
![all-end-investor-slide-decks_us_Page_78.jpg](https://images.squarespace-cdn.com/content/v1/5b88ec365b409b331ef6ab83/1718734619096-KKMLHF5ACR8EZ22JVCF4/all-end-investor-slide-decks_us_Page_78.jpg)
![all-end-investor-slide-decks_us_Page_79.jpg](https://images.squarespace-cdn.com/content/v1/5b88ec365b409b331ef6ab83/1718734621968-QQS8U5Z6IKBZXWBEQ6ZM/all-end-investor-slide-decks_us_Page_79.jpg)