Weekly Chart BookFebruary 3, 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

Global Banks – CDS

12

The VIX Index (S&P 500 Implied Volatility)

13

Global Financial Stress Index

14

Citi Macro Risk Index

15

Margin Debt & S&P 500

Fixed Income & Credit

17

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

18

UST Curve vs. US Investment Grade Curve

19

U.S. Treasury 30 Year Yield

20

U.S. Treasury 10 Year Yield

21

U.S. Treasury 10 Year Yield – Forecast

22

Fed’s 5 Year Forward Breakeven (Inflation Expectations)

23

Investment Grade Bond Prices

24

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

25

High Yield Bond Prices

26

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

27

Emerging Market Debt (USD Denominated)

28

Emerging Market Bond Spreads

Global Equities

30

World Equity Indices

31

Earnings Scorecard

32

MSCI All Country World Index

33

ACWI Earnings Estimates (Forward 12 Months)

34

S&P 500 Index

35

S&P 500 Earnings Estimates (Forward 12 Months)

36

MSCI EAFE (Europe, Australia, Far East) Index

37

MSCI EAFE Earnings Estimates (Forward 12 Months)

38

MSCI Emerging Markets Index

39

MSCI EM Earnings Estimates (Forward 12 Months)

40

Equity Risk Premiums by Country

The Economy

42

Last week’s Economic Calendar

43

Next week’s Economic Calendar

44

Economic Surprise Monitor (Deviations from Expectations)

Currencies & Commodities

46

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

47

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

48

Developed Market Currency Implied Volatility

49

Emerging Market Currency Implied Volatility

50

Developed Mrkt. Currency Implied Volatility – Time Series

51

Emerging Mrkt. Currency Implied Volatility – Time Series

52

US Dollar Index

53

Euro €

54

Japanese Yen ¥

55

Mexican Peso

56

Turkish Lira

57

Russian Ruble

58

Indian Rupee

59

Global Commodity Prices

60

Continuous Commodity Index – 5 Years

61

Gold Prices – 5 Years

62

Crude Oil Prices – 5 Years

63

Copper Prices – 5 Years