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Performance 2018: Global Stock Markets Yardeni Research, Inc. April 27, 2018 Dr. Edward Yardeni 516-972-7683 [email protected] Mali Quintana 480-664-1333 [email protected] Please visit our sites at www.yardeni.com blog.yardeni.com thinking outside the box

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Page 1: Performance 2017: Global Stock Markets - Yardeni · PDF filePerformance 2018: Global Stock Markets Yardeni Research, Inc. January 24, 2018 Dr. Edward Yardeni 516-972-7683 eyardeni@

Performance 2018:Global Stock Markets

Yardeni Research, Inc.

April 27, 2018

Dr. Edward Yardeni516-972-7683

[email protected]

Mali Quintana480-664-1333

[email protected]

Please visit our sites atwww.yardeni.comblog.yardeni.com

thinking outside the box

Page 2: Performance 2017: Global Stock Markets - Yardeni · PDF filePerformance 2018: Global Stock Markets Yardeni Research, Inc. January 24, 2018 Dr. Edward Yardeni 516-972-7683 eyardeni@

Table Of Contents Table Of ContentsTable Of Contents

April 27, 2018 / Performance 2018: Global Stock Markets www.yardeni.com

Yardeni Research, Inc.

Performance 2018: World Indexes 3-5Performance 2018: Europe 6-7Performance 2018: Emerging Markets 8-11Performance 2018: Misc 12-35

Page 3: Performance 2017: Global Stock Markets - Yardeni · PDF filePerformance 2018: Global Stock Markets Yardeni Research, Inc. January 24, 2018 Dr. Edward Yardeni 516-972-7683 eyardeni@

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec2018

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10

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20

25

30MSCI SHARE PRICE INDEXES(percent change ytd in US dollars)

All Country (-0.3)Emerging Markets (-0.2)

Japan (1.0)UK (-0.7)

EMU (1.6)

US (0.0)

Latest data thru: 04/27/18

Source: Morgan Stanley Capital International.

yardeni.com

Figure 1.

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec2018

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20MSCI SHARE PRICE INDEXES(percent change ytd in local currencies)

All Country (-0.4)Emerging Markets (0.7)

Japan (-2.2)UK (-2.6)

EMU (0.9)

US (0.0)

Latest data thru: 04/27/18

Source: Morgan Stanley Capital International.

yardeni.com

Figure 2.

Performance 2018: World Indexes

Page 3 / April 27, 2018 / Performance 2018: Global Stock Markets www.yardeni.com

Yardeni Research, Inc.

Page 4: Performance 2017: Global Stock Markets - Yardeni · PDF filePerformance 2018: Global Stock Markets Yardeni Research, Inc. January 24, 2018 Dr. Edward Yardeni 516-972-7683 eyardeni@

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec2018

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-5

0

5

10

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-5

0

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20MSCI SHARE PRICE INDEXES(percent change ytd in US dollars)

UK (-0.7)

EMU (1.6)Europe (-0.5)

Latest data thru: 04/27/18

Source: Morgan Stanley Capital International and Standard & Poor’s Corporation.

yardeni.com

Figure 3.

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec2018

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15MSCI SHARE PRICE INDEXES(percent change ytd in local currencies)

UK (-2.6)

EMU (0.9)Europe (-1.0)

Latest data thru: 04/27/18

Source: Morgan Stanley Capital International and Standard & Poor’s Corporation.

yardeni.com

Figure 4.

Performance 2018: World Indexes

Page 4 / April 27, 2018 / Performance 2018: Global Stock Markets www.yardeni.com

Yardeni Research, Inc.

Page 5: Performance 2017: Global Stock Markets - Yardeni · PDF filePerformance 2018: Global Stock Markets Yardeni Research, Inc. January 24, 2018 Dr. Edward Yardeni 516-972-7683 eyardeni@

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec2018

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0

5

10

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30MSCI SHARE PRICE INDEXES(percent change ytd in US dollars)

All Country World (-0.3)

Emerging Markets (-0.2)

Emerging Markets:Asia (-0.5)

Emerging Markets:Latin America (6.5)

Latest data thru: 04/27/18

Source: Morgan Stanley Capital International.

yardeni.com

Figure 5.

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec2018

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0

5

10

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0

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20MSCI SHARE PRICE INDEXES(percent change ytd in local currencies)

All Country World (-0.4)Emerging Markets (0.7)Emerging Markets:Asia (0.2)Emerging Markets:Latin America (7.7)

Latest data thru: 04/27/18

Source: Morgan Stanley Capital International.

yardeni.com

Figure 6.

Performance 2018: World Indexes

Page 5 / April 27, 2018 / Performance 2018: Global Stock Markets www.yardeni.com

Yardeni Research, Inc.

Page 6: Performance 2017: Global Stock Markets - Yardeni · PDF filePerformance 2018: Global Stock Markets Yardeni Research, Inc. January 24, 2018 Dr. Edward Yardeni 516-972-7683 eyardeni@

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec2018

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0

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20MSCI SHARE PRICE INDEXES(percent change ytd in US dollars)

France (4.2)Germany (-2.5)Sweden (-4.4)Switzerland (-6.6)United Kingdom (-0.7)

Latest data thru: 04/27/18

Source: Morgan Stanley Capital International.

yardeni.com

Figure 7.

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec2018

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20MSCI SHARE PRICE INDEXES(percent change ytd in local currencies)

France (3.4)Germany (-3.3)Sweden (1.4)Switzerland (-5.3)United Kingdom (-2.6)

Latest data thru: 04/27/18

Source: Morgan Stanley Capital International.

yardeni.com

Figure 8.

Performance 2018: Europe

Page 6 / April 27, 2018 / Performance 2018: Global Stock Markets www.yardeni.com

Yardeni Research, Inc.

Page 7: Performance 2017: Global Stock Markets - Yardeni · PDF filePerformance 2018: Global Stock Markets Yardeni Research, Inc. January 24, 2018 Dr. Edward Yardeni 516-972-7683 eyardeni@

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec2018

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40MSCI SHARE PRICE INDEXES(percent change ytd in US dollars)

Greece (6.6)Ireland (-4.8)

Spain (-0.5)Italy (10.6)

Latest data thru: 04/27/18

Source: Morgan Stanley Capital International

yardeni.com

Figure 9.

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec2018

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25MSCI SHARE PRICE INDEXES(percent change ytd in local currencies)

Greece (5.8)Ireland (-5.5)

Spain (-1.3)Italy (9.7)

Latest data thru: 04/27/18

Source: Morgan Stanley Capital International.

yardeni.com

Figure 10.

Performance 2018: Europe

Page 7 / April 27, 2018 / Performance 2018: Global Stock Markets www.yardeni.com

Yardeni Research, Inc.

Page 8: Performance 2017: Global Stock Markets - Yardeni · PDF filePerformance 2018: Global Stock Markets Yardeni Research, Inc. January 24, 2018 Dr. Edward Yardeni 516-972-7683 eyardeni@

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec2018

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50

60

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60MSCI SHARE PRICE INDEXES(percent change ytd in US dollars)

Brazil (7.6)China (0.5)India (-3.8)Russia (2.2)

Latest data thru: 04/27/18

Source: Morgan Stanley Capital International.

yardeni.com

Figure 11.

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec2018

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0

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0

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40MSCI SHARE PRICE INDEXES(percent change ytd in local currencies)

Brazil (12.5)China (0.8)India (0.6)Russia (9.3)

Latest data thru: 04/27/18

Source: Morgan Stanley Capital International.

yardeni.com

Figure 12.

Performance 2018: Emerging Markets

Page 8 / April 27, 2018 / Performance 2018: Global Stock Markets www.yardeni.com

Yardeni Research, Inc.

Page 9: Performance 2017: Global Stock Markets - Yardeni · PDF filePerformance 2018: Global Stock Markets Yardeni Research, Inc. January 24, 2018 Dr. Edward Yardeni 516-972-7683 eyardeni@

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec2018

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0

10

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40MSCI SHARE PRICE INDEXES(percent change ytd in US dollars)

Brazil (7.6)Argentina (-12.2)

Mexico (3.3)Chile (3.1)

Latest data thru: 04/27/18

Source: Morgan Stanley Capital International.

yardeni.com

Figure 13.

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec2018

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0

10

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0

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40MSCI SHARE PRICE INDEXES(percent change ytd in local currencies)

Brazil (12.5)Argentina (-12.2)

Mexico (-1.4)Chile (1.6)

Latest data thru: 04/27/18

Source: Morgan Stanley Capital International.

yardeni.com

Figure 14.

Performance 2018: Emerging Markets

Page 9 / April 27, 2018 / Performance 2018: Global Stock Markets www.yardeni.com

Yardeni Research, Inc.

Page 10: Performance 2017: Global Stock Markets - Yardeni · PDF filePerformance 2018: Global Stock Markets Yardeni Research, Inc. January 24, 2018 Dr. Edward Yardeni 516-972-7683 eyardeni@

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec2018

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0

10

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40MSCI SHARE PRICE INDEXES(percent change ytd in US dollars)

Indonesia (-13.2)Malaysia (6.2)Pakistan (4.7)Philippines (-14.4)

Latest data thru: 04/27/18

Source: Morgan Stanley Capital International.

yardeni.com

Figure 15.

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec2018

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0

10

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40MSCI SHARE PRICE INDEXES(percent change ytd in local currencies)

Indonesia (-11.1)Malaysia (2.9)Pakistan (9.6)Philippines (-10.8)

Latest data thru: 04/27/18

Source: Morgan Stanley Capital International.

yardeni.com

Figure 16.

Performance 2018: Emerging Markets

Page 10 / April 27, 2018 / Performance 2018: Global Stock Markets www.yardeni.com

Yardeni Research, Inc.

Page 11: Performance 2017: Global Stock Markets - Yardeni · PDF filePerformance 2018: Global Stock Markets Yardeni Research, Inc. January 24, 2018 Dr. Edward Yardeni 516-972-7683 eyardeni@

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec2018

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0

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20MSCI SHARE PRICE INDEXES(percent change ytd in US dollars)

South Korea (0.2)Taiwan (-0.2)

Singapore (7.0)

Latest data thru: 04/27/18

Source: Morgan Stanley Capital International.

yardeni.com

Figure 17.

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec2018

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0

5

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15MSCI SHARE PRICE INDEXES(percent change ytd in local currencies)

South Korea (0.8)Taiwan (-0.7)

Singapore (6.0)

Latest data thru: 04/27/18

Source: Morgan Stanley Capital International.

yardeni.com

Figure 18.

Performance 2018: Emerging Markets

Page 11 / April 27, 2018 / Performance 2018: Global Stock Markets www.yardeni.com

Yardeni Research, Inc.

Page 12: Performance 2017: Global Stock Markets - Yardeni · PDF filePerformance 2018: Global Stock Markets Yardeni Research, Inc. January 24, 2018 Dr. Edward Yardeni 516-972-7683 eyardeni@

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec2018

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0

5

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15MSCI SHARE PRICE INDEXES(percent change ytd in US dollars)

Australia (-5.3)

South Africa (-6.9)Canada (-5.7)

Latest data thru: 04/27/18

Source: Morgan Stanley Capital International.

yardeni.com

Figure 19.

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec2018

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0

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15MSCI SHARE PRICE INDEXES(percent change ytd in local currencies)

Australia (-2.1)

South Africa (-7.1)Canada (-3.2)

Latest data thru: 04/27/18

Source: Morgan Stanley Capital International.

yardeni.com

Figure 20.

Performance 2018: Misc

Page 12 / April 27, 2018 / Performance 2018: Global Stock Markets www.yardeni.com

Yardeni Research, Inc.

Page 13: Performance 2017: Global Stock Markets - Yardeni · PDF filePerformance 2018: Global Stock Markets Yardeni Research, Inc. January 24, 2018 Dr. Edward Yardeni 516-972-7683 eyardeni@

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec2018

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0

10

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10

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30MSCI SHARE PRICE INDEXES(percent change ytd in US dollars)

China (0.5)

South Korea (0.2)Japan (1.0)

Taiwan (-0.2)

Latest data thru: 04/27/18

Source: Morgan Stanley Capital International.

yardeni.com

Figure 21.

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec2018

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0

10

20

30

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0

10

20

30MSCI SHARE PRICE INDEXES(percent change ytd in local currencies)

China (0.8)

South Korea (0.8)Japan (-2.2)

Taiwan (-0.7)

Latest data thru: 04/27/18

Source: Morgan Stanley Capital International.

yardeni.com

Figure 22.

Performance 2018: Misc

Page 13 / April 27, 2018 / Performance 2018: Global Stock Markets www.yardeni.com

Yardeni Research, Inc.

Page 14: Performance 2017: Global Stock Markets - Yardeni · PDF filePerformance 2018: Global Stock Markets Yardeni Research, Inc. January 24, 2018 Dr. Edward Yardeni 516-972-7683 eyardeni@

http://blog.yardeni.com

http://blog.yardeni.com

[email protected]

Copyright (c) Yardeni Research, Inc. 2018. All rights reserved. The informationcontained herein has been obtained from sources believed to be reliable, but is notnecessarily complete and its accuracy cannot be guaranteed. No representation orwarranty, express or implied, is made as to the fairness, accuracy, completeness, orcorrectness of the information and opinions contained herein. The views and the otherinformation provided are subject to change without notice. All reports posted onwww.yardeni.com, blog.yardeni.com, and YRI’s Apps for iPads and iPhones are issuedwithout regard to the specific investment objectives, financial situation, or particular needsof any specific recipient and are not to be construed as a solicitation or an offer to buy or sellany securities or related financial instruments. Past performance is not necessarily a guideto future results. Company fundamentals and earnings may be mentioned occasionally, butshould not be construed as a recommendation to buy, sell, or hold the company’s stock.Predictions, forecasts, and estimates for any and all markets should not be construed asrecommendations to buy, sell, or hold any security--including mutual funds, futurescontracts, and exchange traded funds, or any similar instruments.

The text, images, and other materials contained or displayed on any Yardeni Research, Inc.product, service, report, email or website are proprietary to Yardeni Research, Inc. andconstitute valuable intellectual property. No material from any part of www.yardeni.com, blog.yardeni.com, and YRI’s Apps for iPads and iPhones may be downloaded, transmitted,broadcast, transferred, assigned, reproduced or in any other way used or otherwisedisseminated in any form to any person or entity, without the explicit written consent ofYardeni Research, Inc. All unauthorized reproduction or other use of material from YardeniResearch, Inc. shall be deemed willful infringement(s) of this copyright and other proprietaryand intellectual property rights, including but not limited to, rights of privacy. YardeniResearch, Inc. expressly reserves all rights in connection with its intellectual property,including without limitation the right to block the transfer of its products and services and/orto track usage thereof, through electronic tracking technology, and all other lawful means,now known or hereafter devised. Yardeni Research, Inc. reserves the right, without furthernotice, to pursue to the fullest extent allowed by the law any and all criminal and civilremedies for the violation of its rights.

The recipient should check any email and any attachments for the presence of viruses.Yardeni Research, Inc. accepts no liability for any damage caused by any virus transmittedby this company’s emails, website, blog and Apps. Additional information available onrequest.

Page 15: Performance 2017: Global Stock Markets - Yardeni · PDF filePerformance 2018: Global Stock Markets Yardeni Research, Inc. January 24, 2018 Dr. Edward Yardeni 516-972-7683 eyardeni@

Figure 23.

Figure 24.

Performance 2018: Misc

Page 14 / April 27, 2018 / Performance 2018: Global Stock Markets www.yardeni.com

Yardeni Research, Inc.

Page 16: Performance 2017: Global Stock Markets - Yardeni · PDF filePerformance 2018: Global Stock Markets Yardeni Research, Inc. January 24, 2018 Dr. Edward Yardeni 516-972-7683 eyardeni@

Figure 25.

Figure 26.

Performance 2018: Misc

Page 15 / April 27, 2018 / Performance 2018: Global Stock Markets www.yardeni.com

Yardeni Research, Inc.

Page 17: Performance 2017: Global Stock Markets - Yardeni · PDF filePerformance 2018: Global Stock Markets Yardeni Research, Inc. January 24, 2018 Dr. Edward Yardeni 516-972-7683 eyardeni@

Figure 27.

Figure 28.

Performance 2018: Misc

Page 16 / April 27, 2018 / Performance 2018: Global Stock Markets www.yardeni.com

Yardeni Research, Inc.

Page 18: Performance 2017: Global Stock Markets - Yardeni · PDF filePerformance 2018: Global Stock Markets Yardeni Research, Inc. January 24, 2018 Dr. Edward Yardeni 516-972-7683 eyardeni@

Figure 29.

Figure 30.

Performance 2018: Misc

Page 17 / April 27, 2018 / Performance 2018: Global Stock Markets www.yardeni.com

Yardeni Research, Inc.

Page 19: Performance 2017: Global Stock Markets - Yardeni · PDF filePerformance 2018: Global Stock Markets Yardeni Research, Inc. January 24, 2018 Dr. Edward Yardeni 516-972-7683 eyardeni@

Figure 31.

Figure 32.

Performance 2018: Misc

Page 18 / April 27, 2018 / Performance 2018: Global Stock Markets www.yardeni.com

Yardeni Research, Inc.

Page 20: Performance 2017: Global Stock Markets - Yardeni · PDF filePerformance 2018: Global Stock Markets Yardeni Research, Inc. January 24, 2018 Dr. Edward Yardeni 516-972-7683 eyardeni@

Figure 33.

Figure 34.

Performance 2018: Misc

Page 19 / April 27, 2018 / Performance 2018: Global Stock Markets www.yardeni.com

Yardeni Research, Inc.

Page 21: Performance 2017: Global Stock Markets - Yardeni · PDF filePerformance 2018: Global Stock Markets Yardeni Research, Inc. January 24, 2018 Dr. Edward Yardeni 516-972-7683 eyardeni@

Figure 35.

Figure 36.

Performance 2018: Misc

Page 20 / April 27, 2018 / Performance 2018: Global Stock Markets www.yardeni.com

Yardeni Research, Inc.

Page 22: Performance 2017: Global Stock Markets - Yardeni · PDF filePerformance 2018: Global Stock Markets Yardeni Research, Inc. January 24, 2018 Dr. Edward Yardeni 516-972-7683 eyardeni@

Figure 37.

Figure 38.

Performance 2018: Misc

Page 21 / April 27, 2018 / Performance 2018: Global Stock Markets www.yardeni.com

Yardeni Research, Inc.

Page 23: Performance 2017: Global Stock Markets - Yardeni · PDF filePerformance 2018: Global Stock Markets Yardeni Research, Inc. January 24, 2018 Dr. Edward Yardeni 516-972-7683 eyardeni@

Figure 39.

Figure 40.

Performance 2018: Misc

Page 22 / April 27, 2018 / Performance 2018: Global Stock Markets www.yardeni.com

Yardeni Research, Inc.

Page 24: Performance 2017: Global Stock Markets - Yardeni · PDF filePerformance 2018: Global Stock Markets Yardeni Research, Inc. January 24, 2018 Dr. Edward Yardeni 516-972-7683 eyardeni@

Figure 41.

Figure 42.

Performance 2018: Misc

Page 23 / April 27, 2018 / Performance 2018: Global Stock Markets www.yardeni.com

Yardeni Research, Inc.

Page 25: Performance 2017: Global Stock Markets - Yardeni · PDF filePerformance 2018: Global Stock Markets Yardeni Research, Inc. January 24, 2018 Dr. Edward Yardeni 516-972-7683 eyardeni@

Figure 43.

Figure 44.

Performance 2018: Misc

Page 24 / April 27, 2018 / Performance 2018: Global Stock Markets www.yardeni.com

Yardeni Research, Inc.

Page 26: Performance 2017: Global Stock Markets - Yardeni · PDF filePerformance 2018: Global Stock Markets Yardeni Research, Inc. January 24, 2018 Dr. Edward Yardeni 516-972-7683 eyardeni@

Figure 45.

Figure 46.

Performance 2018: Misc

Page 25 / April 27, 2018 / Performance 2018: Global Stock Markets www.yardeni.com

Yardeni Research, Inc.

Page 27: Performance 2017: Global Stock Markets - Yardeni · PDF filePerformance 2018: Global Stock Markets Yardeni Research, Inc. January 24, 2018 Dr. Edward Yardeni 516-972-7683 eyardeni@

Figure 47.

Figure 48.

Performance 2018: Misc

Page 26 / April 27, 2018 / Performance 2018: Global Stock Markets www.yardeni.com

Yardeni Research, Inc.

Page 28: Performance 2017: Global Stock Markets - Yardeni · PDF filePerformance 2018: Global Stock Markets Yardeni Research, Inc. January 24, 2018 Dr. Edward Yardeni 516-972-7683 eyardeni@

Figure 49.

Figure 50.

Performance 2018: Misc

Page 27 / April 27, 2018 / Performance 2018: Global Stock Markets www.yardeni.com

Yardeni Research, Inc.

Page 29: Performance 2017: Global Stock Markets - Yardeni · PDF filePerformance 2018: Global Stock Markets Yardeni Research, Inc. January 24, 2018 Dr. Edward Yardeni 516-972-7683 eyardeni@

Figure 51.

Figure 52.

Performance 2018: Misc

Page 28 / April 27, 2018 / Performance 2018: Global Stock Markets www.yardeni.com

Yardeni Research, Inc.

Page 30: Performance 2017: Global Stock Markets - Yardeni · PDF filePerformance 2018: Global Stock Markets Yardeni Research, Inc. January 24, 2018 Dr. Edward Yardeni 516-972-7683 eyardeni@

Figure 53.

Figure 54.

Performance 2018: Misc

Page 29 / April 27, 2018 / Performance 2018: Global Stock Markets www.yardeni.com

Yardeni Research, Inc.

Page 31: Performance 2017: Global Stock Markets - Yardeni · PDF filePerformance 2018: Global Stock Markets Yardeni Research, Inc. January 24, 2018 Dr. Edward Yardeni 516-972-7683 eyardeni@

Figure 55.

Figure 56.

Performance 2018: Misc

Page 30 / April 27, 2018 / Performance 2018: Global Stock Markets www.yardeni.com

Yardeni Research, Inc.

Page 32: Performance 2017: Global Stock Markets - Yardeni · PDF filePerformance 2018: Global Stock Markets Yardeni Research, Inc. January 24, 2018 Dr. Edward Yardeni 516-972-7683 eyardeni@

Figure 57.

Figure 58.

Performance 2018: Misc

Page 31 / April 27, 2018 / Performance 2018: Global Stock Markets www.yardeni.com

Yardeni Research, Inc.

Page 33: Performance 2017: Global Stock Markets - Yardeni · PDF filePerformance 2018: Global Stock Markets Yardeni Research, Inc. January 24, 2018 Dr. Edward Yardeni 516-972-7683 eyardeni@

Figure 59.

Figure 60.

Performance 2018: Misc

Page 32 / April 27, 2018 / Performance 2018: Global Stock Markets www.yardeni.com

Yardeni Research, Inc.

Page 34: Performance 2017: Global Stock Markets - Yardeni · PDF filePerformance 2018: Global Stock Markets Yardeni Research, Inc. January 24, 2018 Dr. Edward Yardeni 516-972-7683 eyardeni@

Figure 61.

Figure 62.

Performance 2018: Misc

Page 33 / April 27, 2018 / Performance 2018: Global Stock Markets www.yardeni.com

Yardeni Research, Inc.

Page 35: Performance 2017: Global Stock Markets - Yardeni · PDF filePerformance 2018: Global Stock Markets Yardeni Research, Inc. January 24, 2018 Dr. Edward Yardeni 516-972-7683 eyardeni@

Figure 63.

Figure 64.

Performance 2018: Misc

Page 34 / April 27, 2018 / Performance 2018: Global Stock Markets www.yardeni.com

Yardeni Research, Inc.

Page 36: Performance 2017: Global Stock Markets - Yardeni · PDF filePerformance 2018: Global Stock Markets Yardeni Research, Inc. January 24, 2018 Dr. Edward Yardeni 516-972-7683 eyardeni@

Figure 65.

Figure 66.

Performance 2018: Misc

Page 35 / April 27, 2018 / Performance 2018: Global Stock Markets www.yardeni.com

Yardeni Research, Inc.