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State of the Economy
February 6, 2014
Equity Market Performance for 2013
US Equities – Historical Comparison
Households are in a Strong Debt Position
Labor Markets Continue to Trend Positive
International Equities – Good Values

Source: J.P. Morgan
30 Year Bond Bubble

Source: J.P. Morgan
Rising Rates – Negative Impact on Bonds
Equity Asset Class Return
Volatility has increased but still in Range

Source: Bespoke Investment Group

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Bouchey Financial Group 2014 State of the Economy Presentation Part 1