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The Evolution of Equity Markets Over Time from 1899-2024

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Relative Sizes of World Stock Markets: 1899 vs. 2024

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Market Cap vs GDP Weight

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Real U.S. Housing Index Since 1890

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Annualized Relative Returns Across Regions

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Emerging Markets

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Hardening Divergence

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Small Caps Are Trading at a 25% Discount to Large Caps

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Historical Growth of CRE Investments Over Market Cycles

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CRE IRR Spreads vs. High Yield Bonds

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