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Performance of various asset classes when real rates are negative (1973-12/31/2021)

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S&P 500 drawdown and model implied drawdown based on initial CAPE valuation and duration or recession

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S&P 500 drawdown and duration of recession

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S&P 500 drawdown and duration of recession

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S&P 500 CAPE ratio and recession since 1945

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S&P 500 drawdown and peak CAPE ratio heading into recession

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Forward returns of recessionary vs. non-recessionary >20% corrections

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S&P 500 bear markets (1945-2022)

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S&P 500 drawdowns during recession (1945-2020)

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S&P 500 total return by year (since 1970)

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