Market Data: Week Ending January 25, 2019

Market Index/Data	12/31/2018	1/25/2019	Week Change	Simple YTD
Dow Industrials Avg	23,327.35	24,737.40	31.05	6.04%
S&P 500 Index	2,506.85	2,664.76	-5.95	6.30%
Fed Funds Rate	2.40%	2.40%	0.00%	0.00%
10 yr T-note Yld	2.69%	2.76%	-0.03%	2.60%
5 yr T-note Yld	2.51%	2.59%	-0.03%	3.19%
5 yr TIPS - 'Real' Yld	1.00%	0.95%	0.00%	-5.00%
Implied 5 yr Inflation %	1.51%	1.64%	-0.03%	8.61%
2 yr T-note Yld	2.48%	2.60%	-0.02%	4.84%
2-10 Yr Slope	0.21%	0.16%	-0.01%	-23.81%
90 day T-bill Yld	2.45%	2.39%	-0.02%	-2.45%
Gold ($/oz)	$1,281.30	$1,298.10	$15.50	1.31%
WTI Oil ($/brl)	$45.41	$53.69	-$0.35	18.23%
VIX "Worry Index"	25.42	17.42	-0.38	-31.47%
NYSE Bullish % Index	20.84	41.37	2.01	20.53
Credit Data	12/31/2018	1/25/2019	Week Change	Simple YTD
iShares Agg. Bond ETF Yield (AGG)	2.75%	2.71%	-0.01%	-1.45%
SPDR High Yld Credit ETF Yield (JNK)	6.39%	5.66%	0.01%	-11.42%
Invest. Gr. to 10 yr T-Note Spread (x 10)	60	-50	20	-110

Market Data: Week Ending January 18, 2019

Market Index/Data	12/31/2018	1/18/2019	Week Change	Simple YTD
Dow Industrials Avg	23,327.35	24,706.35	710.40	5.91%
S&P 500 Index	2,506.85	2,670.71	74.45	6.54%
Fed Funds Rate	2.40%	2.40%	0.00%	0.00%
10 yr T-note Yld	2.69%	2.79%	0.08%	3.72%
5 yr T-note Yld	2.51%	2.62%	0.10%	4.38%
5 yr TIPS - 'Real' Yld	1.00%	0.95%	0.09%	-5.00%
Implied 5 yr Inflation %	1.51%	1.67%	0.01%	10.60%
2 yr T-note Yld	2.48%	2.62%	0.07%	5.65%
2-10 Yr Slope	0.21%	0.17%	0.01%	-19.05%
90 day T-bill Yld	2.45%	2.41%	-0.02%	-1.63%
Gold ($/oz)	$1,281.30	$1,282.60	-$6.90	0.10%
WTI Oil ($/brl)	$45.41	$54.04	$2.45	19.00%
VIX "Worry Index"	25.42	17.80	-0.39	-29.98%
NYSE Bullish % Index	20.84	39.36	5.47	18.52
Credit Data	12/31/2018	1/18/2019	Week Change	Simple YTD
iShares Agg. Bond ETF Yield (AGG)	2.75%	2.72%	0.01%	-1.09%
SPDR High Yld Credit ETF Yield (JNK)	6.39%	5.65%	-0.04%	-11.58%
Invest. Gr. to 10 yr T-Note Spread (x 10)	60	-70	-70	-130

Market Data: Week Ending January 11, 2019

Market Index/Data	12/31/2018	1/11/2019	Week Change	Simple YTD
Dow Industrials Avg	23,327.35	23,995.95	562.79	2.87%
S&P 500 Index	2,506.85	2,596.26	64.32	3.57%
Fed Funds Rate	2.40%	2.40%	0.00%	0.00%
10 yr T-note Yld	2.69%	2.71%	0.04%	0.74%
5 yr T-note Yld	2.51%	2.52%	0.03%	0.40%
5 yr TIPS - 'Real' Yld	1.00%	0.86%	-0.05%	-14.00%
Implied 5 yr Inflation %	1.51%	1.66%	0.08%	9.93%
2 yr T-note Yld	2.48%	2.55%	0.05%	2.82%
2-10 Yr Slope	0.21%	0.16%	-0.01%	-23.81%
90 day T-bill Yld	2.45%	2.43%	0.01%	-0.82%
Gold ($/oz)	$1,281.30	$1,289.50	$3.70	0.64%
WTI Oil ($/brl)	$45.41	$51.59	$3.63	13.61%
VIX "Worry Index"	25.42	18.19	-3.19	-28.44%
NYSE Bullish % Index	20.84	33.89	9.70	13.05
Credit Data	12/31/2018	1/11/2019	Week Change	Simple YTD
iShares Agg. Bond ETF Yield (AGG)	2.75%	2.71%	0.00%	-1.45%
SPDR High Yld Credit ETF Yield (JNK)	6.39%	5.69%	-0.12%	-10.95%
Invest. Gr. to 10 yr T-Note Spread (x 10)	60	0	-40	-60

Market Data: Week Ending January 4, 2019

Market Index/Data	12/31/2018	1/4/2019	Week Change	Simple YTD
Dow Industrials Avg	23,327.35	23,433.16	105.81	0.45%
S&P 500 Index	2,506.85	2,531.94	25.09	1.00%
Fed Funds Rate	2.40%	2.40%	0.00%	0.00%
10 yr T-note Yld	2.69%	2.67%	-0.02%	-0.74%
5 yr T-note Yld	2.51%	2.49%	-0.02%	-0.80%
5 yr TIPS - 'Real' Yld	1.00%	0.91%	-0.09%	-9.00%
Implied 5 yr Inflation %	1.51%	1.58%	0.07%	4.64%
2 yr T-note Yld	2.48%	2.50%	0.02%	0.81%
2-10 Yr Slope	0.21%	0.17%	-0.04%	-19.05%
90 day T-bill Yld	2.45%	2.42%	-0.03%	-1.22%
Gold ($/oz)	$1,281.30	$1,285.80	$4.50	0.35%
WTI Oil ($/brl)	$45.41	$47.96	$2.55	5.62%
VIX "Worry Index"	25.42	21.38	-4.04	-15.89%
NYSE Bullish % Index	20.84	24.19	3.35	3.35
Credit Data	12/31/2018	1/4/2019	Week Change	Simple YTD
iShares Agg. Bond ETF Yield (AGG)	2.75%	2.71%	0.14%	-1.45%
SPDR High Yld Credit ETF Yield (JNK)	6.39%	5.81%	-0.13%	-9.08%
Invest. Gr. to 10 yr T-Note Spread (x 10)	60	40	260	-20