From: "Barrett, Paul S" To: Brad Wechsler CC: Barrett Team r "Jeffrey Epstein stein (j eevaeation(ifigmail.com)" <jeevacationggmail.com>, "Rich inslin Subject: An example Taiwan 2Q GDP -6.5%; exports fell 8.32% Date: Fri, 14 Aug 2015 16:01:46 +0000 Attachments: enewtotal I 0408.pdt, JPM_Taiwan_2Q_GDP_weake_2015-08-14_1793170(1).pdf Inline-Images: image] image2.gif; image3.gif; image4.gif; image5.gif; image6.gif; image7.gif; image8.git, image9.git, image002.jpg; image005.jpg Brad When we get the balance sheet and ISDA done, we will likely want to short some Asian currencies (unless they move much lower from here). See the Taiwan data below. Paul Taiwan came out with its preliminary Q2 GDP data last night and the numbers were weaker than expected. (Q2 GDP @ -6.56% pace!) CHART ONE: GDP Contracted at a -6.56% pace in Q2. That was the worst number in almost six years. CHART TWO: recession. Exports for Q2 declined at a 4.32% pace. Also the worst number since the last EFTA01206033