Copyright (C) Yardeni Research, Inc. 2012. All rights reserved. The information contained herein has
been obtained from sources believed to be reliable, but is not necessarily complete and its accuracy
cannot be guaranteed. No representation or warranty, express or implied, is made as to the fairness,
accuracy, completeness, or correctness of the information and opinions contained herein. The views
and the other information provided are subject to change without notice. This report and the others
posted on www.yardeni.com are issued without regard to the specific investment objectives, financial
situation, or particular needs of any specific recipient and are not to be construed as a solicitation or
an offer to buy or sell any securities or related financial instruments. Past performance is not necessarily
a guide to future results. Company fundamentals and earnings may be mentioned occasionally, but
should not be construed as a recommendation to buy, sell, or hold the company’s stock. Predictions,
forecasts, estimates for any and all markets should not be construed as recommendations to buy, sell,
or hold any security--including mutual funds, futures contracts, 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.
and constitute valuable intellectual property. No material from any part of
http://www.yardeni.com may be downloaded, transmitted,
broadcast, transferred, assigned, reproduced or in any other way used or
otherwise disseminated in any form to any person or entity, without the explicit
written consent of Yardeni Research, Inc. All unauthorized reproduction or other
use of material from Yardeni Research, Inc. shall be deemed willful
infringement(s) of this copyright and other proprietary and intellectual
property rights, including but not limited to, rights of privacy. Yardeni
Research, 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/or to track usage thereof, through electronic tracking
technology, and all other lawful means, now known or hereafter devised. Yardeni
Research, Inc. reserves the right, without further notice, to pursue to the
fullest extent allowed by the law any and all criminal and civil remedies 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 transmitted by this company’s
emails or website.
Additional Information Available On Request.