Just what the subject says. The jerk/lag/stutter is REALLY bad when using the Epic Games Launcher but, with the same graphics settings, hardly lags at all when in offline mode using the "-EpicPortal" command-line switch in the shortcut. Even if I set all graphics options to low the game still jerks, lags, and stutters with every movement (every half-second or so) when using the Epic Games Launcher. WTF?
Update: even killing/quitting the Epic Games Launcher while the game is running does nothing to improve the lag so it's something in the game's code causing the stuttering.