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Asset class volatility/return trade-off in June 2007

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2022 asset class returns

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Inflation/deflation cycles historically average 18 years since 1870

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S&P 500 annual returns by decade since 1930

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Value of hypothetical $1,000 investment in the MSCI ACWI from 1/1/12-12/31/21

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10-year return projections for the liquid asset classes

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US treasury yields since 1990

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2020 Election: Agenda (Amundi Pioneer 2020)

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Government Debt as % of GDP (IMF 1990-2020)

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Coups and Coup Attempts Globally Since 1946

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