Inflation Situation Drulard Family Capital Fund Fortnightly Macro View JD Straight Up: S&P 500 at 7681 – down 2% from 7799 two weeks ago VIX at 18 – up 17% from 15 two weeks ago 10yr Treasury yielding 4.99% (down 5% from 5.24% two weeks ago) Agg (US Aggregate Bond Index) at 96.03 – up 2% from 94.61 two weeks ago Gold at 4025 per oz (down 4% from 4193 two weeks ago) Silver at 53.99 per ounce (down 12% from 60.44 two weeks ago) Crude Oil (WTI) at 102 per barrel (up 8% from 94