Epstein Secrets

Real Assets: Commodities — The weakness in commodities that has been seen over the past year continued this week as the Bloomberg Commodity Index fell to the lowest level since 2002. Additionally, as of July 28, the Index has fallen 9.5% month to date, which is on pace to be the worst

ty to China. — While commodities may stabilize in the near term from oversold levels, further US dollar strength could pose a continued headwind. Global FX 255 235 215 195 175 • 155 - 135 115 • 95.: Index te le tete ette Figure 3: Bloomberg Commodity Index at lowest level since 2002 Source: Bl

Real Assets: Commodities — The weakness in commodities that has been seen over the past year continued this week as the Bloomberg Commodity Index fell to the lowest level since 2002. Additionally, as of July 28, the Index has fallen 9.5% month to date, which is on pace to be the worst

ty to China. — While commodities may stabilize in the near term from oversold levels, further US dollar strength could pose a continued headwind. Global FX 255 235 215 195 175 • 155 - 135 115 • 95.: Index te le tete ette Figure 3: Bloomberg Commodity Index at lowest level since 2002 Source: Bl

Real Assets: Commodities — The weakness in commodities that has been seen over the past year continued this week as the Bloomberg Commodity Index fell to the lowest level since 2002. Additionally, as of July 28, the Index has fallen 9.5% month to date, which is on pace to be the worst

ty to China. — While commodities may stabilize in the near term from oversold levels, further US dollar strength could pose a continued headwind. Global FX 255 235 215 195 175 • 155 - 135 115 • 95.: Index te le tete ette Figure 3: Bloomberg Commodity Index at lowest level since 2002 Source: Bl