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Global Market Update
February 16, 2015
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.
Financial Conditions
5
Developed Markets – Month to Date
6
Emerging Markets – Month to Date
7
Global Financial Stress Index – 1 Year
8
Macro Risk Index – 1 Year
9
VIX Index – 1 Year
Fixed Income & Credit
11
U.S. Treasury 10 Year Yield
12
Investment Grade Credit Spreads
13
High Yield Credit Spreads
14
UST Yield Curve vs. US BBB Curve vs. US B Curve
15
20+ Year Treasuries (TLT)
16
0-5 Year High Yield Bonds (HYS)
17
Fed’s Five-year Forward Breakeven Inflation Rate
18
US 10yr Treasury Yields vs. German 10yr Bund Yields
Global Equities
20
MSCI ACWI Index
21
S&P 500 Index
22
MSCI EAFE Index
23
MSCI Emerging Market Index
24
Japan (FX Hedged)
25
Europe (FX Hedged)
26
U.S. Small Caps
27
U.S. Technology
28
China (MCHI)
29
India (INDY)
30
Germany (EWG)
31
S&P500 Q4 Earnings – Surprise
32
S&P500 Q4 Earnings – Growth
Currencies & Commodities
34
U.S. Dollar Index
35
Japanese Yen
36
Euro
37
Mexican Peso
38
Canadian Dollar
39
Gold
40
Crude Oil
41
Copper
The Economy
43
U.S. Economic Calendar – Last Week
44
U.S. Economic Calendar – Next Week
Russia & Greece
46
Greece 5 Year CDS
47
Russia 5 Year CDS

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What to Watch – Global Market Update (2/16/15)