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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...

Unauthorized redistribution of this report is prohibited. This report is intended for kaasha.saini@b
document IMAGES-003-HOUSE_OVERSIGHT_014721.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…premium — buy USD Concerns over stagflation return In our view, the most interesting and important development in the global financial market so far this year has been the divergence between rising US inflation breakevens and falling US real yields. Rightly or wrongly, investor...

8. US Stocks with High China Sales vs. S&P 500
document IMAGES-009-HOUSE_OVERSIGHT_026917.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…-18 May-18 Jun-18 Jul-18 Aug-18 Sep-18 Oct-18 Note: High China sales basket is aggregated and defined by Goldman Sachs Global Investment Research. Source: Investment Strategy Group, Goldman Sachs Global Investment Research, Bloomberg. Italy: Concerns about Italy have risen to p...

recent price action for individual assets. However, the fact that we have had multiple
document IMAGES-003-HOUSE_OVERSIGHT_014481.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…0 94 Chemicals 19 08 Banks 16 8 94 Construction 2.0 12 Basic Resources 9 7 100 Basics 27 22 Source: BofA Merrill Lynch Global Research, Bloomberg Chart 45: Basic Resources 4" overbought signal this year — previous pullbacks last 4-8 weeks and averaged -11% relative Source: Bof...

Chart 1: USDJPY vs yield spread Chart 2: USDJPY carry* gradually inching up
document IMAGES-002-HOUSE_OVERSIGHT_014425.txt Feb 10, 2016 House Oversight Committee — Epstein Estate Records (Nov 2025)

…JPY carry / 3m implied vol (RHS) US-Japan 10yr real yield spread (LHS) e==== USD/JPY (RHS) Source: BofA Merrill Lynch Global Research, Bloomberg Source: BofA Merrill Lynch Global Research, Bloomberg *Using 3m deposit rate JPY sellers > JPY buyers While uncertainty is high, wh...

Preference: neutral
document IMAGES-008-HOUSE_OVERSIGHT_025263.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…UK equities looks attractive at first sight. But over the past 10 years, UK equities traded on average at a discount to global equities. A Positive scenario FTSE 100 (6-month target): 7,000 e A fast strengthening in global growth and recovering demand from emerging markets leads...

Prefer small-/mid-cap buyouts in US/emerging markets
document IMAGES-008-HOUSE_OVERSIGHT_025288.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

Private equity Prefer small-/mid-cap buyouts in US/emerging markets; UBS View distressed debt in Europe ¢ Global M&A volume has continued its downward trend since Q4 2010, falling by -20% quarter-by-quarter in Q3 2012, with a drastic decline in Europe of -46%, the third lowest q...

Local, Global and Glocal Knowledge
document IMAGES-002-HOUSE_OVERSIGHT_013161.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

Chapter 13 Local, Global and Glocal Knowledge Representation Co-authored with Matthew Ikle, Joel Pitt and Rui Liu 13.1 Introduction One of the most powerful metaphors we’ve found for understanding minds is to view them as networks — i.e. collections of interrelated, interconn...

Invesco is a leading independent global investment
document IMAGES-009-HOUSE_OVERSIGHT_026727.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

Invesco Invesco is a leading independent global investment management firm, dedicated to helping investors achieve their financial objectives. With offices globally, capabilities in virtually every asset class and investment style, a disciplined approach to investment management...

Table 10: Tax impact from taxation of accumulated overseas profits at 10%/8.75% rates (assuming
document IMAGES-007-HOUSE_OVERSIGHT_023079.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…x. Financials & Real Estate 117.0 102.4 78.3 68.5 S&P 500 GAAP EPS impact ($9) ($8) Source: FactSet, Blaomberg, BofAML Global Research estimates, BofA Merrill Lynch US Equity & US Quant Strategy We estimate share buybacks add $4 (or as high as $6) to EPS (GAAP & non-GAAP) If th...

until he secured his release by turning over his passport
document IMAGES-010-HOUSE_OVERSIGHT_030103.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

… be held by a third-party escrow company for the length of the partnership. In her closing arguments, the partner with global firm Latham & Watkins told the jury that Bajwa and InfoSpan sold the bank a “bill of goods,” arguing that despite promises to Emirates, the technology ne...

Dershowitz to use the transcript for those limited purposes as deemed necessary in the
document IMAGES-003-HOUSE_OVERSIGHT_015592.txt Nov 23, 2015 House Oversight Committee — Epstein Estate Records (Nov 2025)

Dershowitz now requests that the Court modify the Confidentiality Order to allow Dershowitz to use the transcript for those limited purposes as deemed necessary in the professional judgment of his counsel to ensure Dershowitz is afforded his night to build and present his defense...

You should rely only on the information contained in this Private Placement Memorandum (this
document IMAGES-007-HOUSE_OVERSIGHT_024434.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

You should rely only on the information contained in this Private Placement Memorandum (this “Memorandum”) or to which we have referred you. We have not authorized anyone to provide you with information that is different. This Memorandum may only be used where it is legal to sell...