2. © 2013 “2017 Outlook — Clouds of Elroy Dimson, Paul Marsh and Uncertainty Shroud the Outlook ike Staunton. As cited in in Fat Tails,” JP Morgan, Credit Suisse Global Investment ovember 2016. Returns Yearbook 2013, February 2013. 121. Standard & Poor's, “Rising nterest Spreads, US . December 2016 FOMC Corporates Would Far