WEEKLY MARKET FLASH DATA AS OF FEBRUARY 2, 2018 U.S. Equity Index Level 1 Week MTD QTD YTD 1 Year Global Equity USD 1 Week MTD QTD YTD 1 Year S&P 500 2,762 (3.81) (2.16) 3.44 3.44 23.54 DJIA 25,521 (4.11) (2.39) 3.34 3.34 31.42 NASDAQ 7,241 (3.52) (2.30) 4.93 4.93 29.87 Russell 1000 (3.78) (2.11) 3.26 3.26 24 Russell 1000 Value (3.83) (1.88) 1.92 1.92 15.04 Russell 1000 Growth (3.74) (2.34) 4.58 4.58 31.42 Russell Mid (3.91) (2.10) 8 8 17.50 Russell Mid Value (3.94) (2.16) 9 9 14 Russell Mid Growth (3.88) (4) 3.51 3.51 25.39 Russell 2000 (3.77) (1.75) 0.82 0.82 15.49 Russell 2000 Value (3.82) (1.70) (0.49) (0.49) 8.42 Russell 2000 Growth (3.71) (1.80) 3 3 24 Russell 3000 (3.78) (9) 7 7 22.45 DJ US Select Dividend (3.74) (6) 1 1 14.03 S&P 500 Dividend Arist. (4.58) (2.31) 1.46 1.46 22.75 S&P 500 Sectors Consumer Discretionary (6) (1.96) 7.20 7.20 26.79 Consumer Staples (3.76) (2.22) (0.66) (0.66) 10.67 Energy (6.40) (7) 0.62 0.62 3.49 Financials (2.68) (1.16) 5.24 5.24 28.65 Health Care (5.00) (1.25) 5.31 5.31 24.60 Industrials (3.26) (2.20) 2.99 2.99 23.41 Information Technology (4.11) (2.99) 4.41 4.41 37.76 Materials (5.64) (3.94) 3 3 18.35 Telecom (1.28) (0.15) 0.39 0.39 3.68 Utilities (2.27) (2.29) (5.28) (5.28) 5.69 MSCI ACWI (3.40) (1.87) 3.67 3.67 24.82 MSCI EAFE (2.75) (1.34) 3.61 3.61 25.58 MSCI EAFE Growth (2.79) (7) 2.99 2.99 28.10 MSCI EAFE Value (2.71) (1.10) 4.24 4.24 23.21 MSCI EAFE Local (2.16) (0.70) 0.49 0.49 15.43 S&P Dev ex US (2.75) (1.32) 3.46 3.46 31.72 EAFE Dividend (2.67) (1.83) 1.17 1.17 23.79 MSCI Europe (3.10) (5) 3.25 3.25 26.32 MSCI Europe ex UK (0) (2.11) 4.08 4.08 28.08 MSCI Germany (4.05) (3.19) 5 5 26.12 MSCI UK (3.38) (1.88) 1.10 1.10 21.89 MSCI France (2.62) (2.16) 4.71 4.71 32.84 MSCI Spain (3.39) (2.48) 6.23 6.23 30.31 MSCI Italy (8) (1.31) 10.18 10.18 43.42 MSCI Greece 0.14 6 12.39 12.39 52.17 MSCI EM (3.30) (1.87) 6.31 6.31 37.46 MSCI China (3.81) (2.10) 10.13 10.13 59.58 MSCI Brazil (4.05) (2.76) 13.62 13.62 26.80 MSCI Russia (0.35) (0.61) 11.88 11.88 17.80 MSCI India (4.32) (3.35) (2) (2) 29.58 MSCI Asia (2.75) (0.88) 5.33 5.33 33.90 MSCI Asia ex Japan (2.88) (1.76) 5.67 5.67 40.48 MSCI Japan (8) 0.29 4.88 4.88 26.17 MSCI Korea (3.87) (3.24) 0.31 0.31 35.14 Past performance does not guarantee future results. All investments are subject to risk. There is no assurance that any investment strategy will be successful. Indices are not available for direct investment. Any investor who attempts to mimic the performance of an index would incur fees and expenses which would reduce returns. This information should not be construed as a recommendation of any investment strategy or product. 1 of 5
MARKET UPDATE Real Assets and Commodities 1 Week MTD QTD YTD 1 Year S&P Global Infrastructure (3.13) (2.27) (1.13) (1.13) 16.93 S&P Global Natural Resources (4.06) (2.19) 2.94 2.94 19.94 DJ US REIT (3.24) (1) (6.86) (6.86) (2.39) Global REIT (3.18) (2.42) (0.97) (0.97) 12.88 DJ International REIT (2.76) (2.34) 0.96 0.96 14.60 DJ Commodity (1.63) (0.68) 1.94 1.94 4.75 DJ Energy (2.86) (0.41) 4.49 4.49 14.07 DJ Crude Oil (2) 1.12 8.63 8.63 15.23 DJ Natural Gas (10.34) (4.97) 0.41 0.41 (25.74) DJ Grains 0.45 (7) 2.93 2.93 (10.94) DJ Industrial Metals (0.69) (0.77) (0.40) (0.40) 20.12 DJ Aluminum (2.16) (0.46) (2.79) (2.79) 17.88 DJ Copper (9) (5) (2.91) (2.91) 18.30 DJ Livestock 7 2.62 1.75 1.75 19 DJ Precious Metals (1.96) (0.93) 6 6 5.95 DJ Gold (1.44) (0.42) 1.91 1.91 8.78 DJ Softs (0.48) 1.29 (4.28) (4.28) (29) 2 of 5 Valuations Current 3Mo 6Mo 9Mo 1 Year U.S. Valuations S&P 500 P/E Ratio* 24.02 22.32 21.86 21.23 20.63 S&P 500 P/B Ratio* 3.35 3.12 4 0 2.84 S&P 500 Div Yield 1.81 1.97 4 2.11 2.21 International Valuations MSCI EAFE P/E Ratio* 18.04 17.86 18.00 16.57 16.90 MSCI EAFE P/B Ratio* 1.76 1.72 1.66 1.66 1.64 MSCI EAFE Div Yield 3.20 3.32 3.46 3.49 3.51 MSCI EM P/E Ratio* 15.45 15.02 15.13 14.67 14.53 MSCI EM P/B Ratio* 1.87 1.78 1.75 1.64 7 MSCI EM Div Yield 2.31 2 2.67 5 3.32 MSCI Japan Lg P/E Ratio* 16.56 16.49 16.14 15.55 16.18 MSCI Japan Lg P/B Ratio* 1.44 1.43 1.36 1.33 1.42 MSCI Japan Lg Div Yield 0 9 2.26 2.29 2.27 *Trailing 12 months Historical Levels Fixed Income 1 Week MTD QTD YTD 1 Year Barclays US Agg (0.88) (0.68) (1.82) (1.82) 3 Barclays US Government (0.88) (0.67) (1.99) (1.99) 0.11 Barclays US Government Long (2) (9) (5.70) (5.70) 2.34 Barclays US High Yield (0.68) (0.40) 0.20 0.20 5.97 Barclays US TIPS (0.93) (0.73) (8) (8) 0.68 Barclays Municipal (0.97) (0.42) (9) (9) 9 JPM EMBI Global Diversified (0.84) (5) (0.60) (0.60) 7.64 JPM GBI EM Global Diversified (0.69) (0) 3.96 3.96 16.28 U.S. Treasuries 1 Week MTD QTD YTD 1 Year Barclays US Trsy 3Mo 2 0 0.13 0.13 0.94 Barclays US Trsy 6Mo 4 2 0.14 0.14 3 Barclays US Trsy 2Yr (3) (1) (0.31) (0.31) (0.19) Barclays US Trsy 5Yr (4) (0.33) (1.60) (1.60) (1.14) Barclays US Trsy 10Yr (9) (1.13) (3.55) (3.55) (1.39) Barclays US Trsy 30Yr (3.50) (0) (6.58) (6.58) 2.31 Alternatives 1 Week MTD QTD YTD 1 Year US Multialternative (0) (0.76) 0.77 0.77 5.22 US Managed Futures (2.75) (1.20) 2.61 2.61 5.91 Hedge Multi-Strategy (1.60) (0.90) 3 3 7.78 US Market Neutral (2) (0.19) 8 8 2.90 US Long/Short Equity (2.60) (1.33) 1.96 1.96 11.80 Preferreds (1.84) (1.12) (2.47) (2.47) 3.54 % Change Over Period Currencies Spot (USD) 1 Week MTD QTD YTD 1 Year Euro 0.80 3 (0.16) 3.57 3.57 15.09 Pound Sterling 0.71 (0.42) (0.68) 4.41 4.41 12.70 Yen 110.39 (1.63) (1.11) 5 5 1.85 Australian Dollar 1.26 (1.89) (1.94) 2 2 3.43 Canadian Dollar 1.24 (2) (0.99) 1.12 1.12 5.00 Swiss Franc 0.93 0.34 (0.26) 4.56 4.56 6.14 Brazilian Real 3.22 (2.18) (1.67) 2.99 2.99 (2.98) Yuan Renminbi 6.28 0.68 0.19 3.71 3.71 9.53 Spot price in USD terms. Performance data is against the USD in foreign currency terms. Past performance does not guarantee future results. All investments are subject to risk. There is no assurance that any investment strategy will be successful. Indices are not available for direct investment. Any investor who attempts to mimic the performance of an index would incur fees and expenses which would reduce returns. This information should not be construed as a recommendation of any investment strategy or product.
Yield (%) MARKET UPDATE 1 WEEK MTD QTD YTD Value Blend Growth Value Blend Growth Value Blend Growth Value Blend Growth (3.83) (3.78) (3.74) (1.88) (2.11) (2.34) 1.92 3.26 4.58 1.92 3.26 4.58 1 WEEK Mid (3.94) (3.91) (3.88) MTD Mid (2.16) (2.10) (4) QTD Mid 9 8 3.51 YTD Mid 9 8 3.51 (3.82) (3.77) (3.71) (1.70) (1.75) (1.80) (0.49) 0.82 3 (0.49) 0.82 3 Source: Morningstar. The above style boxes illustrate total returns for the Russell 1000, Russell Mid, and Russell 2000 indices. All data as of week end unless otherwise specified. This information is designed for educational purposes and should not be construed as a recommendation of any investment strategy. Past performance is not a guarantee of future results. All investments carry a certain degree of risk and investors may incur a profit or a loss. Indices are not available for direct investment. Any investor who may attempt to mimic the performance of an index would incur fees and expenses which would reduce returns. VOLATILITY (VIX) 10-YEAR U.S. TREASURY YIELD 38.5 33.5 28.5 23.5 18.5 13.5 8.5 2.8 2.6 2.4 2.2 1.8 1.6 1.4 1.2 Source: Morningstar Source: Morningstar 3 of 5
Net Asset Value (NAV) Unemployment Rate (%) Participation Rate (%) YIELD (%) ECONOMIC UPDATE 3.5 SHORT-TERM VIEW OF U.S. TREASURY YIELD CURVE 3.5 LONG-TERM VIEW OF U.S. TREASURY YIELD CURVE YIELD (%) Current 1 Mo Ago Current 1 Yr Ago 2 Mo Ago 3 Mo Ago 6 Mo Ago 1 Mo 3 Mo 6 Mo 1 Yr 3 Yr 5 Yr 7 Yr 10 Yr 20 Yr 30 Yr 3 Yr Ago 5 Yr Ago 1 Mo 3 Mo 6 Mo 1 Yr 3 Yr 5 Yr 7 Yr 10 Yr 20 Yr 30 Yr $28 U.S. DOLLAR 5.6 U.S. UNEMPLOYMENT 63.6 $27 5.4 63.4 $26 5.2 63.2 6 $25 5.0 62.8 $24 4.8 62.6 $23 $22 4.6 4.4 62.4 62.2 6 $21 4.2 61.8 $20 4.0 61.6 Participation Rate Unemployment Source: Powershares DB US Dollar ETF NAV, Morningstar 4 of 5
Composite Annual % Change Y/Y Percent Change ECONOMIC UPDATE 6 5 4 3 2 1 0 2.7 1.6 GROSS DOMESTIC PRODUCT 2.8 2.2 1.8 0.6 1.2 3.1 3.2 2.6 U.S. INFLATION RATES CPI Core CPI PCE -1-2 -3 Spending Domestic Investment Exports Government Imports GDP - This information is designed for educational purposes and should not be construed as a recommendation of any investment strategy. Past performance is not a guarantee of future results. All investments carry a certain degree of risk and investors may incur a profit or a loss. Indices are not available for direct investment. Any investor who may attempt to mimic the performance of an index would incur fees and expenses which would reduce returns. The information contained herein has been prepared from sources believed reliable but is not guaranteed by Raymond James & Associates, Inc. (RJA) and is not a complete summary or statement of all available data, nor is it to be construed as an offer to buy or sell any securities referred to herein. All prices and/or yields are indications for informational purposes only. Additional information is available upon request. Prior to transacting in any security, please discuss the suitability, potential returns, and associated risks of the transactions(s) with your Raymond James Financial Advisor. It is important to review the investment objectives, risk tolerance, tax objectives and liquidity needs before choosing an investment style or manager. All investments carry a certain degree of risk and no one particular investment style or manager is suitable for all types of investors. Not FDIC or NCUA Insured No Bank Guarantee May Lose Value 2017 Raymond James & Associates, Inc., member New York Stock Exchange/SIPC 2017 Raymond James Financial Services, Inc., member FINRA/SIPC. Raymond James is a registered trademark of Raymond James Financial, Inc. AMS17-0304 Expires 2/28/2018 5 of 5