Chart Book and Financial Market Update (11/11/13)
53
Weekly Chart Book November 11, 2013 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.
-
Upload
advisorshares -
Category
Economy & Finance
-
view
51 -
download
2
description
Take a look at this week’s Chart Book from Accuvest Global Advisors with updates on the following: Global Financial Conditions Global Equity Markets Interest Rates and Fixed Income The Economy Major Currencies Commodities Investor Sentiment Accuvest Global Advisors is a California based RIA and sub-advisor of the AdvisorShares Accuvest Global Opportunities ETF (ACCU) and the AdvisorShares Accuvest Global Long Short ETF (AGLS).
Transcript of Chart Book and Financial Market Update (11/11/13)
Weekly Chart BookNovember 11, 2013
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
Weekly Highlights Macro Risk and Financial Stress increased this week
S&P 500 (-1.3%) on Thursday was the biggest selloff since August 27th
Treasury yields have broken their near term downtrend, now @ 2.75%
Investment Grade Rolling Over, High Yield Overbought
US Dollar continues to strengthen (ECB 0.25% Rate Cut on Wed.)
USDMXN near 12 month highs, currently @ 13.17 per USD
Q3 GDP, October Payrolls, and Personal Income beat expectations
Crude Oil is challenging a 5 year uptrend
WTI to Brent spread widened to close out the week, now @ $10.72
China consumer and economic data suggests spending growth
Earnings Expectations for Gold Miners appear to be bottoming
3
Accuvest ETF Heat Map
Brianna
Rectangle
Financial Conditions
5
Developed Markets
6
Emerging Markets
7
US Financial Conditions vs. 52 weeks & 2000-2007 Period
8
The VIX Index (S&P 500 Implied Volatility)
9
Global Financial Stress Index
10
Citi Macro Risk Index
Fixed Income & Credit
12
US Yield Curve (Current vs. 1 Month & 12 Months Ago)
13
UST Curve vs. US Investment Grade Curve
14
U.S. Treasury 30 Year Yield
15
U.S. Treasury 10 Year Yield
16
U.S. Treasury 10 Year Yield – Forecast
17
Fed’s 5 Year Forward Breakeven (Inflation Expectations)
18
Investment Grade Bond Prices
19
Investment Grade Credit Spread (BBB – 10 Yr. UST Yield)
20
High Yield Bond Prices
21
High Yield Credit Spreads (HY – 10 Yr. UST Yield)
22
Emerging Market Debt (Local Currency)
23
Emerging Market Bond Spreads
Global Equities
25
World Equity Indices
26
MSCI All Country World Index
27
ACWI Earnings Estimates (Forward 12 Months)
28
S&P 500 Index
29
S&P 500 Earnings Estimates (Forward 12 Months)
30
MSCI EAFE (Europe, Australia, Far East) Index
31
MSCI EAFE Earnings Estimates (Forward 12 Months)
32
MSCI Emerging Markets Index
33
MSCI EM Earnings Estimates (Forward 12 Months)
34
Equity Risk Premiums by Country
35
Global Heat Map – Sectors & Regions YTD
The Economy
37
Last week’s Economic Calendar
38
Next week’s Economic Calendar
39
Economic Surprise Monitor (Deviations from Expectations)
40
US Economic Surprise Index (Data’s Deviation from Expectations)
41
US Personal Income Growth (YoY%)
42
US Personal Consumption Expenditures (YoY%)
Currencies & Commodities
44
World Currencies vs. U.S. Dollar (6 Month Spot Returns)
45
World Currencies vs. U.S. Dollar (Spot Forecast: Q1 2014)
46
US Dollar Index
47
Euro €
48
Japanese Yen ¥
49
Mexican Peso
50
Global Commodity Prices
51
Continuous Commodity Index – 5 Years
52
Gold Prices – 5 Years
53
Crude Oil Prices – 5 Years
