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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
tility tends to be artificially suppressed by controls. When looking at 16 countries with severe capital controls based on IMF indicators (Algeria, Angola, China, Malaysia, Tunisia, Cote d'Ivoire. India. Morocco, Pakistan, Philippines, Sri Lanka, Swaziland. Tanzania, Togo, Ukraine, and Uzbekistan), we
fects To North. The New York Times (7/8, Choe, 18.61M) reports that Choe In-guk, 73, "the son of a former South Korean foreign minister who fled to North Korea in the 1980s also defected to the North last week, according to the North's state-run news media." Choe "arrived in Pyongyang...on Saturday to 'res
businesses" that all have connections to Broidy, his businesses, "and foreign officials he pursued deals with - including the current president of Angola and two politicians in Romania." The New York Times (7/8, Vogel, 18.61M) reports that during Trump's 2016 campaign and transition, "few establishme
to develop mitigation strategies to counter these threats. The article noted that the call comes amid concerns that foreign actors, such as Russia, North Korea, or China, could access the Epstein files and use the information to blackmail President Donald Trump or other senior government officials. ABC News
on Law to Restore Powers of Anti-Corruption Bodies • European Recognition of a Palestinian State Would Leave Israel More Isolated • Dozens Dead in Angola as Violence Erupts Over Government Plans to Eliminate Fuel Subsidies • EU Nations Aim for Billions in Defense Loans • China Promises to Help Compan
public, the Slovak Republic, Croatia, Bosnia-Herzegovina, Bulgaria, Albania, Poland, Rumania, Latvia, Estonia, Lithuania, Viet Nam, China, Cuba and North Korea, or in any satellite country of, or any territory occupied by, or under control of, Russia or China, or in Iraq, Iran or Afghanistan; and (b) not to
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Entities connected to both North Korea and Angola

Jeffrey Epstein
PERSON
Donald Trump
PERSON
Barack Obama
PERSON
United States
LOCATION
George W. Bush
PERSON
Joe Biden
PERSON
Department of Justice
ORGANIZATION
Prince Andrew
PERSON
Marc Rich
PERSON
Bill Clinton
PERSON
Bloomberg L.P.
ORGANIZATION
Virginia Giuffre
PERSON
Samantha Power
PERSONLeon Black
PERSON
Tehran
LOCATION
Stephen Hawking
PERSON
Julie K. Brown
PERSON
Eric Trump
PERSON
George Mitchell
PERSON
Prince Charles
PERSON