chart book and financial market update (4.21.14)
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 21, 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
The VIX Index (S&P 500 Implied Volatility)
8
AAII Bullishness Index - % Bullish
9
StateStreet Investor Confidence Index
10
Global Financial Stress Index (Higher = More Stress)
11
Citi Macro Risk Index
12
SHIBOR (Shanghai Interbank Overnight Lending Rate)
13
S&P 500 & Advance-Decline Index
14
S&P 500 – This Week
15
10 Year UST Yields – This Week
16
Gold Price – This Week
Fixed Income & Credit
18
US Yield Curve (Current vs. 1 Month & 12 Months Ago)
19
UST Curve vs. US Investment Grade Curve
20
U.S. Treasury 30 Year Yield
21
U.S. Treasury 10 Year Yield
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
MSCI All Country World Index
32
S&P 500 Index
33
MSCI EAFE (Europe, Australia, Far East) Index
34
MSCI Emerging Markets Index
35
Equity Risk Premiums by Country
36
Sector Performance by Region (YTD)
The Economy
38
Last week’s Economic Calendar
39
Next week’s Economic Calendar
40
Economic Surprise Monitor (Deviations from Expectations)
41
6 Month Outlook for Increase Capital Expenditures
42
NFIB Small Business Actual Capital Expenditures
43
Fed’s Total Credit Market Borrowing and Lending
44
US Auto Sales Total (Annualized SA)
Currencies & Commodities
46
World Currencies vs. U.S. Dollar (6 Month Spot Returns)
47
World Currencies vs. U.S. Dollar (Spot Forecast: Q2 2014)
48
Carry Trades vs. U.S. Dollar (6 Month Carry Returns)
49
US Dollar Index
50
Euro €
51
Japanese Yen ¥
52
Chinese Renminbi
53
Mexican Peso
54
Russian Ruble
55
Indian Rupee
56
Brazilian Real
57
Global Commodity Prices
58
Continuous Commodity Index – 5 Years
59
Gold Prices – 5 Years
60
Crude Oil Prices – 5 Years
Investment Themes & Value
62
Industry - Valuations
63
Technology
64
U.S. Financials Services
65
Energy Exploration & Production
66
WTI – Brent Crude Oil Spread
67
Goldcorp
68
Yamana
69
Gold to Gold Miners Ratio
70
High Yield Bonds