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effects, which seem to impact other multi-manager funds in a greater way?
document IMAGES-009-HOUSE_OVERSIGHT_026669.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…overall market volatility due to macro events on the horizon. We expect the Trump Presidency, additional “For example, Goldman Sachs Prime Services reported hedge fund net exposure to be between 50% and 67% throughout 2016. (Goldman Sachs Securities Division: Prime Services Week...

Exhibit 85: Moody’s Liquidity Stress Index and
document IMAGES-003-HOUSE_OVERSIGHT_014603.txt Nov 30, 2016 House Oversight Committee — Epstein Estate Records (Nov 2025)

…will not be offset by high yield spreads, this historical relationship suggests that may be overly conservative. 70 | Goldman Sachs | JANUARY 2017 HOUSE_OVERSIGHT_014603

Investment Gold man
document IMAGES-009-HOUSE_OVERSIGHT_026969.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…olicitation is not authorized or to any person to whom it would be unlawful to make such offer or solicitation. © 2019 Goldman Sachs. All rights reserved. 25 HOUSE_OVERSIGHT_026969

Exhibit 94: US Crude Oil Production
document IMAGES-003-HOUSE_OVERSIGHT_014607.txt Nov 30, 2016 House Oversight Committee — Epstein Estate Records (Nov 2025)

…ard-sloping curve (contango) is negative for returns, while a downward-sloping curve (backwardation) is positive. 74 | Goldman Sachs | JANUARY 2017 HOUSE_OVERSIGHT_014607

Since the trough of the global financial crisis in
document IMAGES-003-HOUSE_OVERSIGHT_014539.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…urn, led to a steady increase in consumer confidence, reaching levels last seen in August 2001, as measured by the 6 | Goldman Sachs | JANUARY 2017 HOUSE_OVERSIGHT_014539

Ann Lewis - President, NoLimits. Fmr Director of Communications to the U.S. President (1997-2000)
document IMAGES-002-HOUSE_OVERSIGHT_013487.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…mr Director, National Economic Council (1993-1995). Chm, Local Initiatives Support Corporation (LISC). Fmr Co-Chairman, Goldman Sachs. Sal Russo — Founder, Tea Party Express. Partner, Russo Marsh. Tod Sacerdoti — CEO, BrightRoll. Board: ReTargeter. Amy Salzhauer - CEO, Ignitio...

Important Information Division
document IMAGES-008-HOUSE_OVERSIGHT_025695.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

Investment Management Important Information Division You may obtain documents for ETFs or ETNs for free by 1) visiting EDGAR on the SEC website at http://(www.sec.gov/; 2) contacting your Private Wealth Management team; or 3) calling toll-free at 1-866-471-2526. Unlike traditio...

allowed funds to be used for home schooling was dropped at the last minute and is not in the final
document IMAGES-010-HOUSE_OVERSIGHT_029445.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

TAX BULLETIN 2018-1: TAX REFORM SIGNED INTO LAW allowed funds to be used for home schooling was dropped at the last minute and is not in the final legislation. e Charitable gifts. A charitable contribution deduction is limited to a certain percentage of the individual’s adjuste...

Eye on the Market | april 9, 2012 J.P Morgan
document IMAGES-008-HOUSE_OVERSIGHT_025246.txt Apr 9, 2012 House Oversight Committee — Epstein Estate Records (Nov 2025)

Eye on the Market | april 9, 2012 J.P Morgan Q&A on the USA, with a watchful eye on the risk of giant man-eating plants; Spain Now that P/E multiples have risen off the bottom, what’s the outlook for P/E multiples and earnings from here? The return on the S&P this year has bee...

Supply-Side Investment Research
document TEXT-001-HOUSE_OVERSIGHT_025296.txt May 19, 2016 House Oversight Committee — Epstein Estate Records (Nov 2025)

LAFFER ASSOCIATES Supply-Side Investment Research May 19, 2016 10-yr T-Note: 1.86% DJIA: 17,526.62 NASDAQ: 4,739.12 S&P 500: 2,047.63 S&P 500 Undervalued: 151.8% GAME ON [Updated 7/6/2016] By Arthur B. Laffer, Ph.D. Summary To save you the agony of plodding through this fascinat...