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U.S. Economic Data
as of 12/31/17
Source: Bloomberg, 12/31/2017
CPI ex. Food & Energy and CPI Index Levels
Year over Year
6% CPI ex. F&E 1.7%
5% CPI 2.2%
4%
3%
2%
1%
0%
-1%
-2%
-3%
Source: Bloomberg, 11/30/2017
Source: Bloomberg, Bureau of Labor Statistics and Bureau of Economic Analysis.
1) The S&P 500 Index is a broad-based measure of domestic stock market performan
cannot be purchased directly by investors. Index performance is shown for illustrativ
inv estment. Past performance does not guarantee future results.

