Weekly Chart BookApril 14, 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

5 Year CDS

8

The VIX Index (S&P 500 Implied Volatility)

9

AAII Bullishness Index - % Bullish

10

StateStreet Investor Confidence Index

11

Global Financial Stress Index (Higher = More Stress)

12

Citi Macro Risk Index

13

SHIBOR (Shanghai Interbank Overnight Lending Rate)

14

S&P 500 & Advance-Decline Index

15

S&P 500 – This Week

16

10 Year UST Yields – This Week

17

Gold Price – This Week

Fixed Income & Credit

19

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

20

UST Curve vs. US Investment Grade Curve

21

U.S. Treasury 30 Year Yield

22

U.S. Treasury 10 Year Yield

23

U.S. 10 Year Yield vs. Japanese Yen

24

Fed’s 5 Year Forward Breakeven (Inflation Expectations)

25

Investment Grade Bond Prices

26

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

27

High Yield Bond Prices

28

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

29

Emerging Market Debt (USD Denominated)

30

Emerging Market Bond Spreads

Global Equities

32

World Equity Indices

33

MSCI All Country World Index

34

S&P 500 Index

35

MSCI EAFE (Europe, Australia, Far East) Index

36

MSCI Emerging Markets Index

37

Equity Risk Premiums by Country

38

Sector Performance by Region (YTD)

The Economy

40

Last week’s Economic Calendar

41

Next week’s Economic Calendar

42

Economic Surprise Monitor (Deviations from Expectations)

43

6 Month Outlook for Increase Capital Expenditures

44

NFIB Small Business Actual Capital Expenditures

45

Fed’s Total Credit Market Borrowing and Lending

46

US Auto Sales Total (Annualized SA)

Currencies & Commodities

48

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

49

World Currencies vs. U.S. Dollar (Spot Forecast: Q2 2014)

50

Carry Trades vs. U.S. Dollar (6 Month Carry Returns)

51

US Dollar Index

52

Euro €

53

Japanese Yen ¥

54

Chinese Renminbi

55

Mexican Peso

56

Turkish Lira

57

Russian Ruble

58

Indian Rupee

59

Brazilian Real

60

Global Commodity Prices

61

Continuous Commodity Index – 5 Years

62

Gold Prices – 5 Years

63

Crude Oil Prices – 5 Years

Investment Themes & Value

65

Industry - Valuations