Epstein Secrets

0(0 00.D:0 25.3:0 20.0:0 15.0:0 100:0 5.1):0 0 ; R ;;;IIIIIIIIIII% ro cc* 404)0 SOS@ 40.(00 Parcips a110MB IIIPMCIpi • 11140131 Source: Bloomberg 14 EFTA00612110 www.variantperception.com May 10 As of now. Spain needs to pay back 40% of all its outstanding principal and interest payments

wledgement of this, gilt (UK sovereign debt) and UK interest-rate futures will be open all though the night of the election, an unprecedented move. GBPUSD 3 month Volatility o • 193 9 co a — A & 8 A a. 8 A —GBP 3m Vol —200 Day Menge 9 $ $ - 8 There are 2 likely outcomes to the election. T

ally in equities • "Remain" momentum for referendum picks up strongly. CHART(S): GBPUSD Historical Price EFTA_R1_00032349 EFTA01742027 Source: Bloomberg, as of 05/03/16 Appendix: Take profit: A take profit order relates to an order to sell a security at a specified price closing out an existing pos

front • Global risk sentiment improvement and continued strong rally in equities • "Remain" momentum for referendum picks up strongly. CHART(S): GBPUSD Historical Price EFTA_R1_00032349 EFTA01742027 Source: Bloomberg, as of 05/03/16 Appendix: Take profit: A take profit order relates to an order

e in the China monetary conditions index =CHBGMCI Index) since June last year. The question is can the fixed income c=rves handle the pressure? The Bloomberg chart below shows a rising BAML MO=E Index versus VIX Index is strongly correlated to rising US Bank stocks, while detrimental to fixed income. EFT

at or near all-time highs and long EURUSD near 3=year high (98%tile); Leveraged Funds net position in EM also near 3-year h=gh (97%tile) and short GBPUSD near 3-year low. In Commodity futures, Manag=d Money positioning in gold and silver near a 3-year high (98% and 99%tile, respectively) while Other R

DCAD 1412.61 1120.93 1.0258 GBPUSD EURUSD USDTRY 1.5265 1.3008 1.804 USOWY USOORL USONOIC 99160 2.0218 S-9132 • Intradrry Pricing via Bloomberg Issue S&P Rating Currency Coupon Principal Cost (5) Market value 15) Total Int- Accrued 15) Yield to Wont Entry Price (Local) Current Pric

an Securitin LLC, Current EX & Commodity rates USDPIDOI USDARS USOCHF 122945 5.1693 0.9431 XAUUSEI USDKRW USDCAD 1412.61 1120.93 1.0258 GBPUSD EURUSD USDTRT 1.5265 1.3008 1.804 USDIPT USDBRL USONOIL 99.260 2.0218 5.9132 • Intrad via Illoornbe trade Date Symbol Shares Company