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The following return series comes from Global Financial Data. Year 1946 1947 1948 1950 1951 Large Stocks -8.18% 5.24% 5.10% 18.06% 30.58% LT Gov Bonds

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The following return series comes from Global Financial Data.

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Year 1946 1947 1948 1950 1951 Large Stocks -8.18% 5.24% 5.10% 18.06% 30.58% LT Gov Bonds 4.07% -1.15% 2.10% 7.02% -1.44% US T-bills (Risk-free) 0.38% 0.62% 1.06% 1.12% 1.22% CPI (Inflation) 18.13% 8.84% 2.99% -2.07% 5.93%

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