Market Data: Week Ending January 26, 2018

Market Index/Data	12/29/2017	1/26/2018	Week Change	Simple YTD
Dow Industrials Avg	24,719.22	26,616.71	544.99	7.68%
S&P 500 Index	2,673.61	2,872.27	61.97	7.43%
Fed Funds Rate	1.42%	1.42%	0.00%	0.00%
10 yr T-note Yld	2.40%	2.66%	0.02%	10.83%
5 yr T-note Yld	2.20%	2.47%	0.02%	12.27%
5 yr TIPS - 'Real' Yld	0.34%	0.54%	0.09%	58.82%
Implied 5 yr Inflation %	1.86%	1.93%	-0.07%	3.76%
2 yr T-note Yld	1.89%	2.13%	0.07%	12.70%
2-10 Yr Slope	0.51%	0.53%	-0.05%	3.92%
90 day T-bill Yld	1.39%	1.41%	-0.03%	1.44%
Gold ($/oz)	$1,309.30	$1,352.10	$19.00	3.27%
WTI Oil ($/brl)	$60.42	$66.14	$2.83	9.47%
VIX "Worry Index"	11.04	11.08	-0.19	0.36%
NYSE Bullish % Index	71.3	75.95	0.72	4.65
Credit Data	12/29/2017	1/26/2018	Week Change	Simple YTD
iShares Agg. Bond ETF Yield (AGG)	2.45%	2.34%	-0.01%	-4.49%
SPDR High Yld Credit ETF Yield (JNK)	6.09%	5.57%	-0.01%	-8.54%
Invest. Gr. to 10 yr T-Note Spread (x 10)	50	-320	-30	-370

Market Data: Week Ending January 19, 2018

Market Index	12/29/2017	1/19/2018	Week Change	Simple YTD
Dow Industrials Avg	24,719.22	26,071.72	268.53	5.47%
S&P 500 Index	2,673.61	210.30	-2,575.94	-92.13%
Fed Funds Rate	1.42%	1.42%	0.00%	0.00%
10 yr T-note Yld	2.40%	2.64%	0.09%	10.00%
5 yr T-note Yld	2.20%	2.45%	0.10%	11.36%
5 yr TIPS - 'Real' Yld	0.34%	0.45%	0.02%	32.35%
Implied 5 yr Inflation %	1.86%	2.00%	0.08%	7.53%
2 yr T-note Yld	1.89%	2.06%	0.07%	8.99%
2-10 Yr Slope	0.51%	0.58%	0.02%	13.73%
90 day T-bill Yld	1.39%	1.44%	0.01%	3.60%
Gold ($/oz)	$1,309.30	$1,333.10	-$1.80	1.82%
WTI Oil ($/brl)	$60.42	$63.31	-$0.99	4.78%
VIX "Worry Index"	11.04	11.27	1.11	2.08%
NYSE Bullish % Index	71.3	75.23	0.46	3.93
Credit Data	12/29/2017	1/19/2018	Week Change	Simple YTD
iShares Agg. Bond ETF Yield (AGG)	2.45%	2.35%	-0.11%	-4.08%
SPDR High Yld Credit ETF Yield (JNK)	6.09%	5.58%	0.00%	-8.37%
Invest. Gr. to 10 yr T-Note Spread (x 10)	50	-290	-200	-340

Market Data: Week Ending January 12, 2018

Market Index	12/29/2017	1/12/2018	Week Change	Simple YTD
Dow Industrials Avg	24,719.22	25,803.19	507.32	4.39%
S&P 500 Index	2,673.61	2,786.24	43.07	4.21%
Fed Funds Rate	1.42%	1.42%	0.00%	0.00%
10 yr T-note Yld	2.40%	2.55%	0.08%	6.25%
5 yr T-note Yld	2.20%	2.35%	0.06%	6.82%
5 yr TIPS - 'Real' Yld	0.34%	0.43%	0.09%	26.47%
Implied 5 yr Inflation %	1.86%	1.92%	-0.03%	3.23%
2 yr T-note Yld	1.89%	1.99%	0.03%	5.29%
2-10 Yr Slope	0.51%	0.56%	0.05%	9.80%
90 day T-bill Yld	1.39%	1.43%	0.04%	2.88%
Gold ($/oz)	$1,309.30	$1,334.90	$12.60	1.96%
WTI Oil ($/brl)	$60.42	$64.30	$2.86	6.42%
VIX "Worry Index"	11.04	10.16	0.94	-7.97%
NYSE Bullish % Index	71.3	74.77	1.32	3.47
Credit Data	12/29/2017	1/12/2018	Week Change	Simple YTD
iShares Agg. Bond ETF Yield (AGG)	2.45%	2.46%	0.00%	0.41%
SPDR High Yld Credit ETF Yield (JNK)	6.09%	5.58%	0.03%	-8.37%
Invest. Gr. to 10 yr T-Note Spread (x 10)	50	-90	-80	-140

Market Data: Week Ending January 5, 2018

Market Index	12/29/2017	1/5/2018	Week Change	Simple YTD
Dow Industrials Avg	24,719.22	25,295.87	576.65	2.33%
S&P 500 Index	2,673.61	2,743.17	69.56	2.60%
Fed Funds Rate	1.42%	1.42%	0.00%	0.00%
10 yr T-note Yld	2.40%	2.47%	0.07%	2.92%
5 yr T-note Yld	2.20%	2.29%	0.09%	4.09%
5 yr TIPS - 'Real' Yld	0.34%	0.34%	0.00%	0.00%
Implied 5 yr Inflation %	1.86%	1.95%	0.09%	4.84%
2 yr T-note Yld	1.89%	1.96%	0.07%	3.70%
2-10 Yr Slope	0.51%	0.51%	0.00%	0.00%
90 day T-bill Yld	1.39%	1.39%	0.00%	0.00%
Gold ($/oz)	$1,309.30	$1,322.30	$13.00	0.99%
WTI Oil ($/brl)	$60.42	$61.44	$1.02	1.69%
VIX "Worry Index"	11.04	9.22	-1.82	-16.49%
NYSE Bullish % Index	71.3	73.45	2.15	2.15
Credit Data	12/29/2017	1/5/2018	Week Change	Simple YTD
iShares Agg. Bond ETF Yield (AGG)	2.45%	2.46%	0.01%	0.41%
SPDR High Yld Credit ETF Yield (JNK)	6.09%	5.55%	-0.54%	-8.87%
Invest. Gr. to 10 yr T-Note Spread (x 10)	50	-10	10	-60