This weekly chart book from January 27, 2014 provides an overview of global financial conditions, fixed income and credit markets, equity markets, the global economy, currencies, and commodities. It includes charts and analyses of indexes, yields, spreads, prices, estimates and forecasts for major developed and emerging market assets across different regions and sectors. The document is intended for research purposes and does not provide investment advice.

1. Weekly Chart Book
January 27, 2014
Global Clients…Global Portfolios
disclosure: The opinions expressed in this Weekly Chart Book report are those of the author. The materials and commentary are strictly informational and should be used for
research use only. This bulletin is not intended to provide investing or other advice or guidance with respect to the matters addressed in the bulletin. All relevant facts,
including individual circumstances, need to be considered by the reader to arrive at investment conclusions that comply with matters addressed in this bulletin. Charts and
information used in this report are sourced from Bloomberg.

2. Financial Conditions

3. Developed Markets
4

4. Emerging Markets
5

5. US Financial Conditions vs. 52 weeks & 2000-2007 Period
6

6. The VIX Index (S&P 500 Implied Volatility)
7

7. Global Financial Stress Index
8

8. Citi Macro Risk Index
9

9. Margin Debt
10

10. Fixed Income & Credit

11. US Yield Curve (Current vs. 1 Month & 12 Months Ago)
12

12. UST Curve vs. US Investment Grade Curve
13

13. U.S. Treasury 30 Year Yield
14

14. U.S. Treasury 10 Year Yield
15

15. U.S. Treasury 10 Year Yield – Forecast
16

16. Fed’s 5 Year Forward Breakeven (Inflation Expectations)
17

17. Investment Grade Bond Prices
18

18. Investment Grade Credit Spread (BBB – 10 Yr. UST Yield)
19

19. High Yield Bond Prices
20

20. High Yield Credit Spreads (HY – 10 Yr. UST Yield)
21

21. Emerging Market Debt (USD Denominated)
22

22. Emerging Market Bond Spreads
23

23. Global Equities

24. World Equity Indices
25

25. MSCI All Country World Index
26

26. ACWI Earnings Estimates (Forward 12 Months)
27

27. S&P 500 Index
28

28. S&P 500 Earnings Estimates (Forward 12 Months)
29

29. MSCI EAFE (Europe, Australia, Far East) Index
30

30. MSCI EAFE Earnings Estimates (Forward 12 Months)
31

31. MSCI Emerging Markets Index
32

32. MSCI EM Earnings Estimates (Forward 12 Months)
33

33. Equity Risk Premiums by Country
34

34. The Economy

35. Last week’s Economic Calendar
36

36. Next week’s Economic Calendar
37

37. Economic Surprise Monitor (Deviations from Expectations)
38

38. Currencies & Commodities

39. World Currencies vs. U.S. Dollar (6 Month Spot Returns)
40

40. World Currencies vs. U.S. Dollar (Spot Forecast: Q1 2014)
41

41. Currency Implied Volatility
42

42. Currency Implied Volatility – Time Series
43

43. US Dollar Index
44

44. Euro €
45

45. Japanese Yen ¥
46

46. Mexican Peso
47

47. Turkish Lira
48

48. Russian Ruble
49

49. Indian Rupee
50

50. Argentine Peso
51

51. Global Commodity Prices
52

52. Continuous Commodity Index – 5 Years
53

53. Gold Prices – 5 Years
54

54. Crude Oil Prices – 5 Years
55

55. Copper Prices – 5 Years
56