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Report: ML Morning Meeting

Difference in performance between longs and short by year

Source: ML

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Chart: Backtesting of Our Portfolio Model Difference in performance between longs and short by year Source: ML Download file in Power Point Market Comment Political & Economic News Company Results and Dividends Recent ML Reports Key Comment Best since the start of the week among various stock markets were EGYPT +6.34%, ISRAEL +5.19%, BRAZIL +4.40%, ESTONIA +3.81%, BOTSWANA +3.79%, SOUTH AFRICA +3.69%, BAHRAIN +3.61%, MAURITIUS +3.23%, ZIMBABWE +3.01%, POLAND +2.82%, While worst since the start of the week among various stock markets were JAMAICA -4.95%, NIGERIA -3.13%, PERU -2.90%, KENYA -1.40%, KAZAKHSTAN -1.14%, ARGENTINA -1.07%, COLOMBIA -1.05%, MEXICO -0.92%, BULGARIA -0.92%, SINGAPORE -0.52%,

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