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* Equities Are Up Again This Week
document * Equities are up again this week House Oversight Committee — Epstein Estate Records (Nov 2025)

helped by rapidly improving equity ETF inflows. Strong buying by retail investors is adding fuel to equity markets against a backdrop of rather subdued macro drivers

* The Strength Of Equity Flows Has Caught Our Attention This Week
document * The strength of equity flows has caught our attention this week House Oversight Committee — Epstein Estate Records (Nov 2025)

but there is little evidence of a wider rotation out of bonds. There has indeed been some evidence of bond into equity fund flows in ETFs (best seen through our flow radars in Flows & Liquidity)

Even Adjusting For Cyclical Impact of Recessions, USA Inc.’s 2010
document IMAGES-006-HOUSE_OVERSIGHT_020859.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

Even Adjusting For Cyclical Impact of Recessions, USA Inc.’s 2010 Structural Operating Loss = -$817 Billion vs. -$78 Billion 15 Years Ago USA Inc. Annual Operating Surplus / Deficit, Structural vs. Cyclical’, F1996 — F2010 GAGE) a eee en es ns cn a a a nn mT aT A EC aT 2 al |...

Table 6: Summary of open trades as of 5-Jun-17
document IMAGES-007-HOUSE_OVERSIGHT_023598.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

Table 6: Summary of open trades as of 5-Jun-17 Trade Description Open Open Date Level Long 1x EEM 3m 97.5% put vs. short ~0.09x units each of 3m 97.5% puts on 15% 0.0% FXI, EWY, EW2Z, EPI, EWT, RSX, EZA, and EWW 7“ “e Buy Tencent Jul1? 250/300 strangle 22-May-17 2.45% Buy A-sha...

have been filed by any of his accusers” — although many have tried to serve him including
document IMAGES-001-HOUSE_OVERSIGHT_011952.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

have been filed by any of his accusers” — although many have tried to serve him including lawyers representing Epstein’s victims, Brunel continues to hide behind his French citizenship to prevent depositions. “Trawling for 5’11” underage teenagers to work for his agency, MC2, or...