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General Information 7
document IMAGES-005-HOUSE_OVERSIGHT_018817.txt Nov 25, 2026 House Oversight Committee — Epstein Estate Records (Nov 2025)

General Information 7 e The age of the property makes estimates of accrued depreciation very subjective. e This approach is not typically used by market participants, except for new properties. Research and Analysis The type and extent of our research and analysis is detailed...

a name of a brain place can describe, much less explain in the language of physical
document IMAGES-002-HOUSE_OVERSIGHT_013598.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

a name of a brain place can describe, much less explain in the language of physical or physiological mechanism, a patient’s illogical thoughts, feelings of hopelessness, irrational rage or prayerful gratitude. There remains a wide gap between ideas about the mechanisms of human s...

But USA Inc. Has Steadily Scaled Back Investment in Technology R&D Since
document IMAGES-006-HOUSE_OVERSIGHT_021027.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

But USA Inc. Has Steadily Scaled Back Investment in Technology R&D Since the 1960s...the Good News is That Private Industry Has Picked Up Lots of Slack, So Far Total USA Technology Research & Development Spending as % of GDP by Funding Source, 1953 — 2008 = Other (Non-Profit /...

In the aforementioned Connecticut discussion on The Human Use of Human Beings, Neil
document IMAGES-003-HOUSE_OVERSIGHT_016334.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

In the aforementioned Connecticut discussion on The Human Use of Human Beings, Neil Gershenfeld provided some fresh air, of a kind, by professing that he hated the book, which remark was met by universal laughter—as was his observation that computer science was one the worst thin...

Targeting a stable oil price
document IMAGES-003-HOUSE_OVERSIGHT_016122.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

Targeting a stable oil price As a matter of Saudi policy, we would expect a preference for oil market stability over volatility, in line with recent official pronouncements. Although volatility makes it more difficult for high cost unconventional producers to operate, volatility...

currencies. The fact that the Central Bank of Brazil will be looking to cut rates in the
document IMAGES-003-HOUSE_OVERSIGHT_014735.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

currencies. The fact that the Central Bank of Brazil will be looking to cut rates in the face of a Fed tightening cycle makes the BRL especially vulnerable in 2017. We would recommend buying MXN against BRL as a relative value trade. 5. The best hedge against escalation of trade...

In the case of loneliness interventions
document IMAGES-006-HOUSE_OVERSIGHT_021379.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

In the case of loneliness interventions, all of the reviews essentially confirmed the findings of previous reviews that social skills training and group-based interventions can succeed in reducing loneliness. Is this conclusion justified, or is this a case in which prior conclusi...

be equivalent to a SAR100bn cumulative spending cut, which we believe can be
document IMAGES-003-HOUSE_OVERSIGHT_016136.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

be equivalent to a SAR100bn cumulative spending cut, which we believe can be accommodated from capex retrenchment. On the basis of the above, fiscal consolidation would likely drive real GDP growth lower to an average of just around 1% of GDP. This estimate is based on a ST GCC f...

Chart 79: How significant do you think robo advisor platforms will become over the next 3-5 years?
document IMAGES-002-HOUSE_OVERSIGHT_014368.txt Nov 17, 2016 House Oversight Committee — Epstein Estate Records (Nov 2025)

Chart 79: How significant do you think robo advisor platforms will become over the next 3-5 years? 60% 50% 40% 30% 20% 10% 0% Assets will surpass $1T Assets will hit $500B then level Assets will hit $500B then out decline Source: BofA Merrill Lynch Global Research ¢ Bas...

reverse. Fading high 106’s could be a short-term profit-taking view, or area to enter
document IMAGES-002-HOUSE_OVERSIGHT_014426.txt Nov 14, 2016 House Oversight Committee — Epstein Estate Records (Nov 2025)

reverse. Fading high 106’s could be a short-term profit-taking view, or area to enter countertrend short. A final thrust toward July highs of 107.49 is possible and an alternative profit-taking level. A pullback to 105.50 or 104.30 could certainly be bought for the broader uptren...

Global Cross Asset Strategy —- Year Ahead Bankof America
document IMAGES-002-HOUSE_OVERSIGHT_014432.txt Nov 30, 2016 House Oversight Committee — Epstein Estate Records (Nov 2025)

Global Cross Asset Strategy —- Year Ahead Bankof America The Trump inflection ape ce Investment Strategy 30 November 2016 Corrected Key takeaways ee « Market response to Trump is logical but moves have been frontloaded. We now see USD & rates only modestly higher next year. Jam...

Higher yields leading to bank, insurance outperformance
document IMAGES-002-HOUSE_OVERSIGHT_014427.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

Higher yields leading to bank, insurance outperformance over REITs The Japanese equity market correction managed to last just for one day after the US election. The insurance sector has been the best performer since the US election on the back of a steeper US Treasury curve and...

Chart 39: How do you view fundamentals for multifamily lending in 2017?
document IMAGES-002-HOUSE_OVERSIGHT_014341.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

Chart 39: How do you view fundamentals for multifamily lending in 2017? 30% 27% 27% 27% 29% 20% 15% 10% 7% 5% 0% 13% Softening Softening Softening | Someconcern, but No concern fundamentals fundamentals fundamentals only in certain should leadto shouldleadto = shouldleadto _—...