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Jan Loeys Global Asset Allocation
document IMAGES-011-HOUSE_OVERSIGHT_030850.txt Mar 28, 2013 House Oversight Committee — Epstein Estate Records (Nov 2025)

Jan Loeys Global Asset Allocation (1-212) 834-5874 The J.P. Morgan View [email protected] 28 March 2013 Equities The global rally in equity markets slowed this week, but did not reverse, on continued concerns about the fallout from a poorly executed Cyprus solution. The E...

Even if we set aside indicators such as gross national income per
document IMAGES-010-HOUSE_OVERSIGHT_029948.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

… is both a member of the exclusive western club of the G- 8 and of the BRIC grouping is just one example of the complex global reality in which governments like Russia, or for that matter China, Turkey or Brazil, find US power to be appealing while at the same time also trying to...

Global Cannabis Regulation
document IMAGES-008-HOUSE_OVERSIGHT_024727.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

CHAPTER V Global Cannabis Regulation = Global Cannabis Legalization Momentum Cannabis legalization is gaining momentum around the world, offering global opportunities for can- nabis companies and related businesses. This momentum is driven primarily by the increasing recog- nit...

Global Asset Allocation
document IMAGES-011-HOUSE_OVERSIGHT_030853.txt Mar 28, 2013 House Oversight Committee — Epstein Estate Records (Nov 2025)

Global Asset Allocation The J.P. Morgan View 28 March 2013 Jan Loeys (1-212) 834-5874 [email protected] Global Economic Outlook Summary Real GDP Real GDP % over a year ago % over previous period, saar 2011 2012 2013 2014 3Q12)— 4Q 12 1013 2013 3013 The Americas United Sta...

Chart 13: The -2.5% drop in the NDX on 17-May was a six standard
document IMAGES-007-HOUSE_OVERSIGHT_023580.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…X 3M ATM implied vol spread (right) Daily NDX return / trailing (EWMA) vol 1 ——— 17-May-17 Source: BofA Merrill Lynch Global Research. Daily data from 4-Feb-85 through 2-Jun-17. Source: BofA Merrill Lynch Global Research. Daily data from 17-Jun-09 through 2-Jun-17. EWMA = expo...

when it would no longer be the number one power in the world. In his
document IMAGES-010-HOUSE_OVERSIGHT_028664.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

when it would no longer be the number one power in the world. In his 2003 Yale University address on “Global Challenges,” he said: If you believe that maintaining power and control and absolute freedom of movement and sovereignty is important to your country’s future, there’s no...

Patrick Bertagna, GTX Corp. - 10/26/2010 - Global Positioning System (GPS) is a
document IMAGES-011-HOUSE_OVERSIGHT_032076.txt Oct 21, 2010 House Oversight Committee — Epstein Estate Records (Nov 2025)

Patrick Bertagna, GTX Corp. - 10/26/2010 - Global Positioning System (GPS) is a worldwide radio-navigation system formed from the constellation of 24 satellites and their ground stations. The Global Positioning System is mainly funded and controlled by the U.S Department of Defe...

Other Important Disclosures
document IMAGES-002-HOUSE_OVERSIGHT_014422.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…search for purposes of distribution in the U.K. under the rules of the Financial Conduct Authority. BofA Merrill Lynch Global Research policies relating to conflicts of interest are described at http://go.bofa.com/coi. "BofA Merrill Lynch" includes Merrill Lynch, Pierce, Fenner...

Patrick Bertagna, GTX Corp. - 10/26/2010 - Global Positioning System (GPS) is a
document IMAGES-004-HOUSE_OVERSIGHT_018127.txt Oct 21, 2010 House Oversight Committee — Epstein Estate Records (Nov 2025)

Patrick Bertagna, GTX Corp. - 10/26/2010 - Global Positioning System (GPS) is a worldwide radio-navigation system formed from the constellation of 24 satellites and their ground stations. The Global Positioning System is mainly funded and controlled by the U.S Department of Defe...

Sources: Investment Strategy Group, Bloomberg, Datastream, Goldman Sachs Global Investment Research,
document IMAGES-009-HOUSE_OVERSIGHT_026906.txt Oct 3, 2018 House Oversight Committee — Epstein Estate Records (Nov 2025)

Sources: Investment Strategy Group, Bloomberg, Datastream, Goldman Sachs Global Investment Research, Haver. Endnotes: (1) Kate Davidson and Sarah Chaney, “Fed Chair Powell Sees ‘Remarkably Positive Set of Economic Circumstances,” The Wall Street Journal, October 3, 2018. (2) St...

effective foreign policy or politics or economics can’t be improvised, the speed of the
document IMAGES-004-HOUSE_OVERSIGHT_018279.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…hose pressures are yet more extreme at the highest levels of government. Fifth: Though the changes working through the global order depend generally on innovation rooted in American institutions, corporations and ideas, there is now an uneasy sense: This order is slipping from A...

Chart 80: Stocks mostly trade above ex-pipeline value
document IMAGES-003-HOUSE_OVERSIGHT_014494.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

… 15% 5% -5% -15% -14% 16% — -16% 25% Boe -35% mPremium/(Discount) to ex pipeline DCF Source: BofA Merrill Lynch Global Research Overweight Utilities Chart 81: Growth from new products - $138bn launching 16-20E Peak unrisk-adjusted sales potential (USDm) of product launc...

Our target market will range from individuals, political parties, well-known
document IMAGES-010-HOUSE_OVERSIGHT_028823.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…ion on any particular areas of concern. Businesses, such as the aforementioned, have a huge social media presence on a global level. This is essential and effective in being able to communicate information to a mass of consumers, both current and potential, and to receive feedba...