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Concerns over stagflation return
document IMAGES-003-HOUSE_OVERSIGHT_014722.txt Oct 1, 2016 House Oversight Committee — Epstein Estate Records (Nov 2025)

Concerns over stagflation return On the surface, this has been an uneventful year for the US rates market so far. At the start of January, the market was pricing two Fed hikes for the year. Six weeks later, the market is still pricing only two Fed hikes for the year. The yield o...

Korea’s nuclear program and missile launches go unchecked. There is rising risk of
document IMAGES-003-HOUSE_OVERSIGHT_014535.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

Korea’s nuclear program and missile launches go unchecked. There is rising risk of military incidents—or accidents—in the South China Sea and across the Taiwan Strait. China is the most likely source of global economic shocks over the next two to three years. The country’s lead...

(BN) Leon Black’s Tax- Overhaul Dilemma Could Alter Wall Street M
email IMAGES-007-HOUSE_OVERSIGHT_023564.txt Dec 27, 2017 House Oversight Committee — Epstein Estate Records (Nov 2025)

Date: Wednesday, December 27 2017 05:02 PM Subject: (BN) Leon Black’s Tax- Overhaul Dilemma Could Alter Wall Street M From: — Glenn Dubin (DUBIN & COMPANY LP) a > To: undisclosed-recipients:; BCC: [email protected]; (BN) Leon Black’s Tax-Overhaul Dilemma Could Alter Wall S...

Morgan Stanley | RESEARCH
document IMAGES-008-HOUSE_OVERSIGHT_025582.txt Aug 8, 2017 House Oversight Committee — Epstein Estate Records (Nov 2025)

Morgan Stanley | RESEARCH OAK.N Oaktree: We value OAK using a sum-of-the-parts, supported by a DCF, and back into an implied target multiple on next 3 years DE and ENI. Our PT implies a 12.6x multiple on 2019 EPS, reflecting a 7% pre- mium to historical valuation of 11.8x given...

corporation, owns more than 10% of their stock
document IMAGES-007-HOUSE_OVERSIGHT_023363.txt Sep 11, 2001 House Oversight Committee — Epstein Estate Records (Nov 2025)

In re: TERRORIST ATTACKS ON SEPTEMBER 11, 2001., 2012 WL 257568 (2012) corporation, owns more than 10% of their stock. Appellant TIG Insurance Company is a member of the Fairfax Financial Group. Appellant’s parent organization, Fairfax Financial Holdings Ltd, a publicly traded...

services of the world. In the United States, Xinhua doubled the number of bureaus
document IMAGES-006-HOUSE_OVERSIGHT_020541.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

82 services of the world. In the United States, Xinhua doubled the number of bureaus, adding Chicago, Houston, and San Francisco to its original footprint in Washington, DC, New York, and Los Angeles. Xinhua, like other state-owned Chinese media outlets, also began hiring local...

The FCPA was designed to prevent corrupt practices, protect investors
document IMAGES-007-HOUSE_OVERSIGHT_022592.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

Conclusion CONCLUSION The FCPA was designed to prevent corrupt practices, protect investors, and provide a fair playing field for those honest companies trying to win busi- ness based on quality and price rather than bribes. Following Congress’ leader- ship in enacting the FCPA...

CAPITA CHAPTER VI U.S. and International Cannabis Market Estimates
document IMAGES-008-HOUSE_OVERSIGHT_024749.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

ACKRELL CAPI L CAPITA CHAPTER VI U.S. and International Cannabis Market Estimates = International Legal Cannabis Market Forecast As previously discussed, cannabis is the most widely consumed drug worldwide: an estimated 183 mil- lion people between the ages of 15 and 64 consum...

Politics — populism in the Eurozone?
document IMAGES-002-HOUSE_OVERSIGHT_014475.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

Politics — populism in the Eurozone? Few predicted that the UK would vote to leave the EU and Donald Trump would win the US presidential election in 2016, least of all pollsters (and many in markets). As Michael Hartnett argues, the rise of populism can be linked to what he refe...

We do not believe this tightening cycle will lead to a US recession in 2017
document IMAGES-003-HOUSE_OVERSIGHT_014559.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

We do not believe this tightening cycle will lead to a US recession in 2017. could derail the last innings of this recovery and bull market. The first three are low-probability risks in our view, the next three risks have a high probability of occurring but their impact is unce...

outs is politically untenable. This removes the implicit ‘cover’ that senior bonds holders have enjo
document IMAGES-011-HOUSE_OVERSIGHT_030846.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

outs is politically untenable. This removes the implicit ‘cover’ that senior bonds holders have enjoyed and has increased speculation that implementation of the bail-in proposals under the EU’s Resolution & Recovery Directive (RRD) will be brought forward to 2015 from the current...

¢ 41 new markets, bringing our total from 44 to 85
document IMAGES-007-HOUSE_OVERSIGHT_024328.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

Table of Contents 94,108 S1955.5 RETAIL UNITS TOTAL REVENUE (SM) SOLD 44,252 $5539 8,764 $365.1 2014 2015 2016 2017 2018 2014 2015 2016 2017 2018 ¢ 41 new markets, bringing our total from 44 to 85; * 8 additional car vending machines, bringing our total from 7 to 15; BS TOT...

Growth of the US for both returns and protection
document IMAGES-009-HOUSE_OVERSIGHT_026696.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

Growth of the US for both returns and protection The attractiveness of the US has been driven by interest rate rises (with expectations for further raises this year) and bond yields lagging in other developed markets (figure 8). There is also market confidence of a ‘pro-business’...

e Uneven tariff rates and the banning of some US goods
document IMAGES-009-HOUSE_OVERSIGHT_026916.txt Oct 12, 2018 House Oversight Committee — Epstein Estate Records (Nov 2025)

e Uneven tariff rates and the banning of some US goods e Intellectual property theft e Forced technology transfer e Strategic US technology acquisitions e Outright cyber theft e Foreign ownership restrictions Recent headlines that the trade war may be escalating to a cold wa...

CNN – Quest Means Business
document TEXT-001-HOUSE_OVERSIGHT_023707.txt Dec 3, 2018 House Oversight Committee — Epstein Estate Records (Nov 2025)

CNN – Quest Means Business U.S. and China Agree to Pause Trade War Robert Lawrence Kuhn, December 3, 2018 1 Host Richard Quest: Robert Lawrence Kuhn is a longtime advisor to Chinese leaders and the author of How China’s Leaders Think. How will they be interpreting the deal that...