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Relative Performance by Economic Environment

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Median 12-month Forward Price-to-Earning Ratio

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Relative Performance of Value Versus Broad U.S. Equity

Relative performance of value versus broad U.S. equity.jpg

European Equities Have Substantial Exposure to Emerging Markets

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Highest Quality Companies Trade at a Discount to the Lowest Quality

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Non-Earning Companies Have Had Positive Returns for the Last Three Years

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Percentage of Funds That Were Beaten By Their Category Benchmark

Percentage of Funds That Were Beaten By Their Category Benchmark.jpg

Determining the Marginal Tax Rate for Various Types Of Income in 2014

Marginal Tax Rates - Moving Target.jpg

Household Savings Rate

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Rates are Graduated, Just Like Ordinary Income

Long-Term Capital Gains.jpg

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