Epstein Secrets

e: BofA Merrill Lynch Global Fund Manager Survey, Bloomberg. As a reminder, the FMS Cash Rule works as follow

d vol & skew Market may trade on Buy EEM puts financed by a basket of EM puts to lever near record low correl Hedge a potential China tech bubble; Tencent potentially volatile after a 45% rally YTD Hedge the upside into MSCI announcement on 20-Jun Fundamental case to be long EU equities remains intact

(RHS) Source: BofA Merrill Lynch Global Research, Bloomberg. Daily data from Jan-90 to 5-Jun-17. The politic

c-17 expiry 6m Sep-17 expiry Rationale Buy EEM puts financed by a basket of EM puts to lever near record low correl Hedge the China tech bubble; Tencent unlikely to stand still after a 45% rally YTD Hedge the upside into MSCI announcement on 20-Jun Fundamental case to be long EU equities remains int

still rising. Source: Investment Strategy Group, Bloomberg. Inflation and Interest Rates Inflation data ha

his sector will continue. These include: e Data privacy issues impacting a broad range of companies, including Facebook, Google, Twitter, Alipay and Tencent. e High likelihood of greater regulatory scrutiny in the US? and Europe as policy makers increasingly believe that these companies will not address