7 {"7 {-• {'? {9 {9 4 • c? 9 9 9 9 2: / 2 "2 .0 .0 .0 .0 O 0 0 0 0 0n• m • cm U. U. U. U. U. U. U. U. U. U. U. U. U. / of —Initial Unemployment Claims —Industrial Production IRI-IS) 9% 8% - 0% g O We believe that the recent spike in macroeconomic volatility will be sustained, as the volatility of leading economic indicator