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Charts to Watch 
Global Market Update 
September 15, 2014 
Global Clients…Global Portfolios 
disclosure: The opinions expressed in this Charts to Watch 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.
10 Year UST Yields – This Week 
4
5 
S&P 500 – This Week
6 
S&P 500 Sectors – This Week
7 
Global Regions – This Week
Financial Conditions
Developed Markets – Year to Date 
9
Emerging Markets – Year to Date 
10
The VIX Index (S&P 500 Implied Volatility) 
11
Global Financial Stress Index (Higher Level = Higher Stress) 
12
Fixed Income & Credit
US Yield Curve (Current vs. 1 Month & 12 Months Ago) 
14
UST Curve vs. US Investment Grade Curve 
15
16 
U.S. Treasury 2 Year Yield
17 
U.S. Treasury 10 Year Yield
18 
U.S. Treasury 30 Year Yield
Fed’s 5 Year Forward Breakeven (Inflation Expectations) 
19
20 
Investment Grade Bond Prices
Investment Grade Credit Spread (BBB – 10 Yr. UST Yield) 
21
22 
High Yield Bond Prices
High Yield Credit Spreads (HY – 10 Yr. UST Yield) 
23
Emerging Market Debt (USD Denominated) 
24
Emerging Market Bond Spreads 
25
26 
Relative Bond Spreads
Global Equities
28 
MSCI All Country World Index
29 
S&P 500 Index
MSCI EAFE (Europe, Australia, Far East) Index 
30
31 
MSCI Emerging Markets Index
32 
SPX vs. EAFE vs. EM (YTD)
Trend Analysis by Sector (S&P500) 
33
Sector Performance by Region (YTD) 
34
The Economy
Last week’s Economic Calendar 
36
Next week’s Economic Calendar 
37
U.S. Economic Watch – Leading Economic Indicators 
38
U.S. Economic Watch – Leading Economic Indicators 
39
U.S. Economic Watch – Housing Market 
40
U.S. Economic Watch – Housing Market 
41
Currencies & Commodities
World Currencies vs. U.S. Dollar (6 Month Spot Returns) 
43
World Currencies vs. U.S. Dollar (Spot Forecast: Q4 2014) 
44
45 
US Dollar $
46 
Euro €
47 
Japanese Yen ¥
48 
British Pound £
49 
Global Commodity Prices
Continuous Commodity Index – 5 Years 
50
51 
Gold Prices – 5 Years
52 
Crude Oil Prices – 5 Years

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