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Appendix 2: Global Utility Sector Background
document IMAGES-007-HOUSE_OVERSIGHT_024226.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…ully regulated power plants compete to sell their production into a competitive power market (a “power pool”) where the price of electricity would be set at the intersection of supply (power plants) and demand (industrial users and electricity supply companies selling to househol...

Re: Financials: buy XLF call spreads
email IMAGES-001-HOUSE_OVERSIGHT_012044.txt Dec 9, 2016 House Oversight Committee — Epstein Estate Records (Nov 2025)

…fend valuation on ‘18ests with potential upside to 2018 EPS from ~25-40% and stocks still cheap vs. discretionary. e = Price action and sentiment keeps us constructive, we like the long and would expect US financials to benefit from any beta chase into year end. e Howto play it...

Fw: EOD Commodities Note - 8 Jan [C]
email TEXT-001-HOUSE_OVERSIGHT_030856.txt Jan 9, 2015 House Oversight Committee — Epstein Estate Records (Nov 2025)

…38.20% -2.60% Z15 35.15% -1.60% 33.10% -2.15% Z16 28.60% -2.00% 28.50% -1.80% Index No rhyme or reason to flat price action today. HOUSE OVERSIGHT 030856 Energy up, precious down, ags down, softs up, base mixed. Contributing to the choppy action was day one the SPGS and...

Re: Caroline Kennedy Selling 93 Acres on Martha’s Vineyard
email IMAGES-008-HOUSE_OVERSIGHT_025592.txt May 3, 2013 House Oversight Committee — Epstein Estate Records (Nov 2025)

…elling 93 Acres on Martha’s Vineyard Importance: — High Such an estate dear cousin many would like to own ,, if at the price I may be willing Sent from my iPad On May 3, 2013, at 1:46, Jeffrey Epstein <[email protected]> wrote: BORING On Thu, May 2, 2013 at 4:59 PM, Shahe...

time, hold a trading position (long or short) in the securities and financial instruments discussed
document IMAGES-003-HOUSE_OVERSIGHT_014950.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

… inancial instruments} nor should the analyses or opi and client websites and other por recommendations, estimates or price targets) without heir particular circumstances from an independent tax professional. her than disclosure information relating to BofA Merrill Lynch and i...

Best Technical Trades
document IMAGES-003-HOUSE_OVERSIGHT_014777.txt Nov 16, 2016 House Oversight Committee — Epstein Estate Records (Nov 2025)

… and new index highs. Chart 79: Bloomberg US dollar index, weekly chart with USD breadth measures MEBDXY Index - Last Price MISMAVG (200) on Close (BBDXY) LI9L47 Resistance: 1255 | A af" — ql angel wg my 1150 BUSD Cumulative AD Line +23.00 [2 | -i= ——— Progresshe AD Line pees...

“What's the meaning of it?” one editor asked me. “There's a lot of excitement at the city desk.”
document TEXT-001-HOUSE_OVERSIGHT_024374.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…nounced that the Beatles’ unwashed towels and bed linens were to be cut into two-inch squares and sold for $1 each. The price included a notarized statement of authenticity. My second column was about Lenny Bruce—titled “Lenny the Lawyer,” since he defended himself in trial...

indicators of future results
document IMAGES-007-HOUSE_OVERSIGHT_024178.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…and on disposition may pay back less than invested. Changes in foreign exchange rates may have an adverse effect on the price, value or income of an investment. If for a financial instrument a prospectus has been published, this prospectus is available free of charge via UBS. Inf...

Morgan Stanley | sesearcs NORTH AMERICA INSIGHT ~~
document IMAGES-008-HOUSE_OVERSIGHT_025578.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

Morgan Stanley | sesearcs NORTH AMERICA INSIGHT ~~ Appendix B: Valuation of Alternative Managers - What@in the Price? Exhibit 48: Exhibit 49: Covered Alternative Asset managers NTM Relative P/E Covered Alternative Asset managers NTM Absolute P/E Alts NTM P/E Ratios Relative to...

Key financial market driver 3 - China growth outlook
document IMAGES-007-HOUSE_OVERSIGHT_024145.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

… bolster private household spending power in the future. e The rate reduction took place against a backdrop of falling price inflation. Thus, inflation is no obstacle for further measures to ease monetary policy. However, at this point we don't expect further rate cuts this year...

As | wrote in mid-July: “Microsoft had a bad fourth quarter, mostly because many people are not usin
document IMAGES-005-HOUSE_OVERSIGHT_019421.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

… people are not using PCs any more. In addition, the tech giant took a $900 million charge related to having to cut the price of its Surface RT tablet, which had — as you might imagine — an impact on results. Missed profit expectations, missed revenue, missed all over the ying-ya...

FTSE 100 (27 June): 5,524 (last month: 5,266)
document IMAGES-007-HOUSE_OVERSIGHT_024151.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…t UK companies as 70% of revenues are generated abroad. ¢ Energy is the largest sector of the UK market. While the oil price eased sharply over the past months, we expect it to stabilize in the second half of 2012. An attractive valuation of the energy sector at 6.5x trailing ea...

Re: World economy growth interesting reading
email TEXT-001-HOUSE_OVERSIGHT_021231.txt Jul 11, 2009 House Oversight Committee — Epstein Estate Records (Nov 2025)

…e of optimistic talk will persuade Americans worried about their jobs that they should part with precious cash. Housing prices stabilize. This has become a mantra by now: For the economy to get healthy, housing prices must stop falling. Problem is, the houses haven't been listeni...

By Keith Larsen | October 11, 2018 06:15PM
document IMAGES-009-HOUSE_OVERSIGHT_027068.txt Oct 11, 2018 House Oversight Committee — Epstein Estate Records (Nov 2025)

…ng to a filing in U.S. Bankruptcy Court. The company is offering $32 million for the property, which will set the floor price for a bankruptcy auction scheduled for next month. Bids at the auction will start at $32.5 million. The 79-unit condo-hotel project on Palm Beach Island...