Guidance
P/E Ratios and Equity Returns
Forward P/E and Susequent 1-year returns
Forward P/E and subsequent 5- year annualized returns
Risk Investing and the Power of Compounding
Change in purchasing power by investment in major asset class.
Fixed Income Yields and Forward Returns
Yield-to-worst and subsequent 5-year annualized returns.
Time, Diversification, and the volatility of returns
Range of stock, bond, and blended total returns.
Annual total returns, 1950-2024
Capital Market Summary
Wells Fargo Investment Institute Global Investment Strategy As of 12/31/2025
Bear Markets Chart
Take a look at our at one of our favorite figures, our Bear Markets Chart.