Epstein Secrets

to buy vol We reiterate our view that market volatility will increase this fall. In this report, we argue that brinksmanship over US tax reform and North Korea could be possible triggers. We add to our long vol trades by recommending buying a 6m EUR/SEK ATM straddle (see below for details). The difficulty

nd $50.bbl next year. We cut Brent to $50 this year and $52bbl in 2018. We now beleve oil stays in contango by yearend. but see a WTI forward anchor al $45.50 and S5 backwardation by next summer. Our key forecasts 3017 4Q17 1Q18 2018 3m Libor 1.35 1.60 185 2.10 10y Thole 2.60 2.85 285 24

g countries. They include Hungary’s Viktor Orban, North Ko- rea’s Kim Jong Un, Zimbabwe’s Rob- ert Mugabe and,

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ings do [email protected] (579351867) Flags: 1085445 ITs Read: No Is Invitation: No GUID: A8D4E9E5-D687-4AF1-99F4-A42B09389DA3 Message: They have North Korea, day. A command structure that is efficient. will give in , after making many new friends. Sender: e:[email protected] 3 trillion in reserves. No

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