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U.S./ Europe Relative Strength (total returns)

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Rolling Five-Year Return Differential: U.S. Stocks vs. International Stocks

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US population age 65 or older as a percentage of the population

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SonGen CTA Outperformance to S&P 500

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Annualized returns over cash, five year rolling windows since 2000

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S&P 500 calendar-year returns vs. max intra-year decline (%)

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S&P 500 calendar-year returns vs. max intra-year decline (%)

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Excess returns of top-quartile active mutual funds vs. index

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Valuations of similar companies are often lower outside the U.S.

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Number of companies with dividend yields higher than 3%

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