State of High U$.$S$.$ Market

the Economy Probability T$-$Bills Tech Collections Rubber Portfolio

Recession $0\mathrm{.}14\mathrm{.}0\%(25\mathrm{.}5\%)24\mathrm{.}5\%3\mathrm{.}5\%(15\mathrm{.}5\%)$

Below Average $0\mathrm{.}24\mathrm{.}0\%(9\mathrm{.}5\%)10\mathrm{.}5\%(16\mathrm{.}5\%)(5\mathrm{.}5\%)$

Average $0\mathrm{.}44\mathrm{.}0\%10\mathrm{.}5\%(1\mathrm{.}0\%)0\mathrm{.}5\%7\mathrm{.}5\%$

Above Average $0\mathrm{.}24\mathrm{.}0\%27\mathrm{.}5\%(5\mathrm{.}0\%)38\mathrm{.}5\%25\mathrm{.}5\%$

Boom $0\mathrm{.}14\mathrm{.}0\%42\mathrm{.}5\%(20\mathrm{.}0\%)23\mathrm{.}5\%35\mathrm{.}5\%$

$1.$ Calculate the expected rate of return on each alternative.