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Historical Annual Return (Source: Morningstar Direct Data)

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Interest rates versus inflation (Source: St. Louis Federal Reserve)

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Inflation-adjusted returns of stocks and bonds (Source: Absolute Strategy Research)

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Gold price adjusted for inflation (Source: Citi)

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Average annual tax drag for 5 years ending December 2020 (Source: Morningstar

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The high cost of investor behavior 1984-2020 (Source: Russell Investor Group)

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Tight credit spreads show the need for selectivity (Source: Capital Group)

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Inflation may not be as high as it seems (Source: Bureau of Economic Analysis)

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Timeline of previous vaccine development (years) (Source: Capital Group)

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