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Economy

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US dollar long cycles (DXY) since 1967

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Annual mortgage cost as a percentage of household income since 1948

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Fund fees keep getting squeezed since 1990

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Bloomberg US corporate high yield BB excluding energy since 1994

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Bloomberg US aggregate 1-3 year bond index since 1993

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Bloomberg US aggregate bond index since 1976

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Starting 3-year treasury yield and annual change in fed funds rate since 1972

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Absolute change in 10-year US treasury yield in percentage points since 1787

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Despite 15 years of growth and inflation, these "riches" are trading for virtually the same price as the peak of '07/08

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A decade of patience in the 60's was handsomely rewarded in the 70's

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