Market Data: Week Ending December 12, 2014

Market Index	12/31/   2013	12/12/   2014	Week Change	Simple YTD
Dow Industrials Avg	16,576.66	17,280.83	-3.92%	4.25%
S&P 500 Index	1,848.36	2,002.33	-3.65%	8.33%
Fed Funds Rate	0.08%	0.11%	0.00%	37.50%
10 yr T-note Yld	3.04%	2.10%	-0.21%	-30.92%
5 yr T-note Yld	1.75%	1.53%	-0.16%	-12.57%
5 yr TIPS - 'Real' Yld	0.07%	0.12%	-0.09%	-71.43%
Implied 5 yr Inflation %	1.68%	1.41%	-0.07%	-16.07%
2 yr T-note Yld	0.38%	0.56%	-0.09%	47.37%
2-10 Yr Slope	2.66%	1.54%	-0.12%	-42.11%
90 day T-bill Yld	0.07%	0.02%	0.00%	-71.43%
Gold ($/oz)	$1,204.80	$1,222.10	$29.50	1.44%
WTI Oil ($/brl)	$98.70	$57.49	-$8.14	-41.75%
VIX "Worry Index"	13.72	21.08	9.26	53.64%
Credit Spreads	12/31/   2013	12/12/   2014	Week Change	Simple YTD
Inv Grade Credit Idx	3.87%	3.57%	-0.05%	-7.75%
High Yield Credit Idx	5.95%	6.82%	0.49%	14.62%
Markit CDX No Am Inv Grade	62	69	7.00	7.00
Markit CDX No Am HiVol	135	0	0.00	-135.00
High Yield to 10 yr T-Note Spread	291	472	70.00	181.00