En:went/ay weighted SterideresSed 3-nyonth macro momentum 0.10 0.05 - 000 .0 10 Jan-08 Jan- I 0 Jan-12 Dote of clotttrtiont Jan-14 Jan-16 Mruon Stnotta <:FA tic WW1, WOW Senior Economist Strategist 1+44) 20 754-74900 1.44120 754.76615 [email protected] nkisoles.wengCedb.com Surprises rem