Weekly Chart BookFebruary 17, 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.

Financial Conditions

4

Developed Markets

5

Emerging Markets

6

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

7

1 Year Default Probability – Developed Markets

8

1 Year Default Probability – Emerging Markets

9

Developed Market – CDS

10

Emerging Market – CDS

11

The VIX Index (S&P 500 Implied Volatility)

12

Global Financial Stress Index

13

Citi Macro Risk Index

14

Margin Debt & S&P 500

Fixed Income & Credit

16

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

17

UST Curve vs. US Investment Grade Curve

18

U.S. Treasury 30 Year Yield

19

U.S. Treasury 10 Year Yield

20

Fed’s 5 Year Forward Breakeven (Inflation Expectations)

21

Investment Grade Bond Prices

22

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

23

High Yield Bond Prices

24

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

25

Emerging Market Debt (USD Denominated)

26

Emerging Market Bond Spreads

Global Equities

28

World Equity Indices

29

Earnings Scorecard

30

MSCI All Country World Index

31

S&P 500 Index

32

MSCI EAFE (Europe, Australia, Far East) Index

33

MSCI Emerging Markets Index

34

Equity Risk Premiums by Country

The Economy

36

Last week’s Economic Calendar

37

Next week’s Economic Calendar

38

Economic Surprise Monitor (Deviations from Expectations)

Currencies & Commodities

40

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

41

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

42

Emerging Mrkt. Currency Implied Volatility – Time Series

43

US Dollar Index

44

Euro €

45

Japanese Yen ¥

46

Mexican Peso

47

Turkish Lira

48

Russian Ruble

49

Indian Rupee

50

Global Commodity Prices

51

Continuous Commodity Index – 5 Years

52

Gold Prices – 5 Years

53

Crude Oil Prices – 5 Years

54

Copper Prices – 5 Years