Market Briefing: S&P 5 Sectors & MSCI Indexes During Bull Market August 31, 218 Dr. Edward Yardeni 516-972-7683 eyardeni@ Joe Abbott 732-497-536 jabbott@ Mali Quintana 48-664-1333 aquintana@ Please visit our sites at www. blog. thinking outside the box
Table Of Contents Table Of Contents S&P 5 Sectors 1-2 Major MSCI Indexes 3-4 S&P 5, 4, & 6 5-6 August 31, 218 / Market Briefing: S&P 5 Sectors & MSCI Indexes During Bull Market www.
7 Figure 1. S&P 5 Sectors S&P 5 SECTORS PRICE INDEXES DURING BULL MARKET OF 9-? (percent change since March 9, 9) Latest data thru: 8/24/18 7 6 5 4 3 Consumer Discretionary (626.3) Consumer Staples (177.3) Energy (76.4) Financials (458.4) Health Care (318.9) Industrials (384.) Information Technology (551.6) Materials (24.4) Telecommunications Services (77.8) Utilities (138.4) 6 5 4 3 1 1 9 21 211 212 213 214 215 216 217 218 219 25 15 1 Figure 2. S&P 5 SECTORS PRICE INDEXES DURING BULL MARKET OF 2-7 (percent change since October 9, 2) Consumer Discretionary (78.3) Consumer Staples (4.4) Energy (242.2) Financials (92.6) Health Care (41.4) Industrials (125.9) Information Technology (145.4) Materials (162.3) Telecommunications Services (117.8) Utilities (172.1) 25 15 1 5 5-5 2 3 4 5 6 7-5 Page 1 / August 31, 218 / Market Briefing: S&P 5 Sectors & MSCI Indexes During Bull Market www.
18 16 14 1 1 8 6 Figure 3. S&P 5 SECTORS PRICE INDEXES DURING BULL MARKET OF 199s (percent change from October 11, 199 to March 24, ) Consumer Discretionary (444.9) Consumer Staples (175.) Energy (134.1) Financials (68.2) Health Care (337.5) Industrials (357.4) Information Technology (1697.2) Materials (133.3) Telecommunications Services (299.7) Utilities (63.6) S&P 5 Sectors 18 16 14 1 1 8 6 4 4-199 1991 1992 1993 1994 1995 1996 1997 1998 1999 - Page 2 / August 31, 218 / Market Briefing: S&P 5 Sectors & MSCI Indexes During Bull Market www.
35 325 Figure 4. Major MSCI Indexes MSCI SHARE PRICE INDEXES DURING BULL MARKET OF 9-? (percent change in US dollars since March 9, 9) Latest data thru: 8/3/18 35 325 3 275 25 225 Emerging Markets (118.) EMU (18.5) Japan (111.3) UK (96.1) US (328.6) 3 275 25 225 175 175 15 15 125 125 1 1 75 75 5 5 25 25-25 9 21 211 212 213 214 215 216 217 218 219 Source: MSCI. -25 4 375 35 325 3 275 25 225 175 15 125 1 75 5 25-25 Figure 5. MSCI SHARE PRICE INDEXES DURING BULL MARKET OF 9-? (percent change in local currencies since March 9, 9) Emerging Markets (135.) EMU (126.2) Japan (137.) UK (17.4) US (328.6) Latest data thru: 8/3/18 9 21 211 212 213 214 215 216 217 218 219 Source: MSCI. 4 375 35 325 3 275 25 225 175 15 125 1 75 5 25-25 Page 3 / August 31, 218 / Market Briefing: S&P 5 Sectors & MSCI Indexes During Bull Market www.
4 38 36 34 32 3 28 26 24 22 18 16 14 12 1 8 6 4 2-2 Figure 6. MSCI SHARE PRICE INDEXES DURING BULL MARKET OF 2-7 (percent change in US dollars since October 9, 2) Emerging Markets (386.) EMU (223.7) Japan (113.6) UK (13.7) US (13.8) 2 3 4 5 6 7 Source: Morgan Stanley Capital International. Major MSCI Indexes 4 38 36 34 32 3 28 26 24 22 18 16 14 12 1 8 6 4 2-2 3 28 26 24 22 18 16 14 12 1 8 6 4 2-2 Figure 7. MSCI SHARE PRICE INDEXES DURING BULL MARKET OF 3-7 (percent change in local currencies since March 11, 3) Emerging Markets (281.9) EMU (147.5) Japan (123.6) UK (91.3) US (96.7) 3 4 5 6 7 Source: Morgan Stanley Capital International and Standard & Poor s Corporation. 3 28 26 24 22 18 16 14 12 1 8 6 4 2-2 Page 4 / August 31, 218 / Market Briefing: S&P 5 Sectors & MSCI Indexes During Bull Market www.
55 5 Figure 8. S&P INDEXES DURING BULL MARKET OF 9-? (percent change since March 9, 9) S&P 5, 4, & 6 55 5 45 45 4 35 3 S&P 5 (324.9) S&P 4 (43.) S&P 6 (5.4) 8/24 4 35 3 25 25 15 15 1 1 5 5-5 9 21 211 212 213 214 215 216 217 218 219-5 7 Figure 9. S&P 5 SECTORS PRICE INDEXES DURING BULL MARKET OF 9-? (percent change since March 9, 9) Latest data thru: 8/24/18 7 6 5 S&P 5 (324.9) Consumer Discretionary (626.3) Financials (458.4) Industrials (384.) Information Technology (551.6) Real Estate (365.3) 6 5 4 4 3 3 1 1 9 21 211 212 213 214 215 216 217 218 Page 5 / August 31, 218 / Market Briefing: S&P 5 Sectors & MSCI Indexes During Bull Market www.
35 Figure 1. S&P 5, 4, & 6 S&P 5 SECTORS PRICE INDEXES DURING BULL MARKET OF 9-? (percent change since March 9, 9) Latest data thru: 8/24/18 35 3 25 S&P 5 (324.9) Consumer Staples (177.3) Energy (76.4) Health Care (318.9) Materials (24.4) Telecommunications Services (77.8) Utilities (138.4) 3 25 15 15 1 1 5 5 9 21 211 212 213 214 215 216 217 218 Page 6 / August 31, 218 / Market Briefing: S&P 5 Sectors & MSCI Indexes During Bull Market www.
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