Disclaimer: Chart source: GMO. The “Late 90s” reference is to 5 years ending February 2000; the “Today” reference is to 5 years ending September 2020, and then continues through May 13, 2021.
The views expressed are the views of the GMO Asset Allocation team through the period ending May 2021 and are subject to change at any time based on market and other conditions. This is not an offer or solicitation for the purchase or sale of any security and should not be construed as such. References to specific securities and issuers are for illustrative purposes only and are not intended to be, and should not be interpreted as, recommendations to purchase or sell such securities.
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