chart book and financial market update (4/14/14)
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
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