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Reagan's second-term innovations on
document IMAGES-010-HOUSE_OVERSIGHT_029824.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…led by the Federal Reserve's continued near-zero interest- rate policy, are taking us into uncharted territory. Central banks have tried most every tool to stimulate growth; if Japan is HOUSE_OVERSIGHT_029824

EMEA - Integrated & Refiners Coverage Cluster
document IMAGES-007-HOUSE_OVERSIGHT_023606.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…ing indicates the security is not covered. Chart is current as of May 31,2017 or such later date as indicated. deg oes Bankof America 32 Global Equity Volatility Insights | 06 June 2017 Merrill Lynch HOUSE_OVERSIGHT_023606

Snowden’s supporters, to be sure, disputed this view. If only as an act of faith in Snowden’s
document IMAGES-005-HOUSE_OVERSIGHT_020298.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

146 Snowden’s supporters, to be sure, disputed this view. If only as an act of faith in Snowden’s personal integrity, they continued to believe his avowal to Senator Humphrey that he had acted to protect U.S. secrets by shielding them from adversary intelligence services after h...

Cheapest tail-risk Hedges
document IMAGES-003-HOUSE_OVERSIGHT_014772.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…k since its inception, and in a statement to the Senate 42 __ Global Rates, FX & EM 2017 Year Ahead | 16 November 2016 Bankof America Merrill Lynch HOUSE_OVERSIGHT_014772

Characterizing carry
document IMAGES-003-HOUSE_OVERSIGHT_014767.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…aS AES STSS Source: BofA Merrill Lynch Global Research, Bloomberg Source: BofA Merrill Lynch Global Research, Bloomberg Bankof America 2 Global Rates, FX & EM 2017 Year Ahead| 16 November 2016 37 Merrill Lynch HOUSE_OVERSIGHT_014767

The combination of these factors suggest Japanese equities have further to run. We also
document IMAGES-002-HOUSE_OVERSIGHT_014448.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…eneficial for the NKY position. Chart 31: Japan equities have outperformed during US bear-steepening led by cyclicals, banks and insurance 125 Japan Sector = cyclical outperform on 10 4 UST bear-steepening 8 6 4 2 a 2 4 6 8 -10 424 USDJPY DXY MSCI JP MSCI JP/ Discretionary Fina...

Ristimaki Boulan PO:US$20 PO:US$21 PO:US$21
document IMAGES-007-HOUSE_OVERSIGHT_023607.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…rey shading indicates the security is not covered. Chart is current as of May 31,2017 or such later date as indicated. Bankof America <> ariective Merrill Lynch Global Equity Volatility Insights | O06 June 2017 33 HOUSE_OVERSIGHT_023607

Morgan Stanley | RESEARCH
document IMAGES-008-HOUSE_OVERSIGHT_025555.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

Morgan Stanley | RESEARCH Executive Summary Will the Alts simplify their structure and convert to C-corporations from partnerships? What would this mean for valuations? We think the Tax Cuts and Jobs Act could accelerate cost-benefit analyses and decision- making by management...

gold was going to Viola or Meryl
document IMAGES-002-HOUSE_OVERSIGHT_013455.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

gold was going to Viola or Meryl. This year there seemed to be more parties than ever. Vanity Fair publisher Edward Menicheschi staged a staggering six nights of “CAMPAIGN HOLLYWOOD? Ermenegildo Zenga and Colin and Livia Firth hosted an intimate dinner at the Chateau Marmont to...

low, which suggests that we are currently in a stock pickers insurance are the top 5 sectors with th
document IMAGES-003-HOUSE_OVERSIGHT_014983.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

… SXEP Oil & Gas 42% the 19 SXXP sector indices and the other SXXP sector indices. **Average of the 19 intra-sector SX7P Banks 41% 2 correlations (in Euro) where the 19 sector indices are the indices which make up the SXXP index. SX3P Food & bev 31% 25% Note that the average intra...

any warning, the next tactic 1s
document IMAGES-010-HOUSE_OVERSIGHT_029825.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

any warning, the next tactic 1s competitive devaluation, which risks a new protectionism. "Currency manipulation" could become a danger that reaches far beyond the debate about Chinese policies. The world economy will need at some point to withdraw the drug of cheap money and neg...

Eurozone political calendar 2017
document IMAGES-002-HOUSE_OVERSIGHT_014474.txt Mar 15, 2017 House Oversight Committee — Epstein Estate Records (Nov 2025)

…ere Renzi stays and no snap election, given current polls and the outstanding electoral reform court case. BTPs and the banks recaps remain a tail risks for the Italian economy, although the ECB extending QE should help. A big “No” vote would boost Five Star and undermine Renzi i...

Morgan Stanley | RESEARCH
document IMAGES-008-HOUSE_OVERSIGHT_025569.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

Morgan Stanley | RESEARCH Upside Scenario Starting with the framework laid out above, we make several key adjustments in our upside scenario to illustrate where we think mul- tiples go and where the stocks can trade over the near term if the alts convert. Our upside scenario im...

The computing programming technology that lingers inside most data centers now
document IMAGES-004-HOUSE_OVERSIGHT_018373.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

The computing programming technology that lingers inside most data centers now and that makes sense of the ceaselessly arriving bits - Here is information on a billion people. How many are named Bob? - is known as MapReduce. The name combines two well-know computer fuctions, Map...