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Trump says he has foreign policy experience because he ran the Miss Universe pageant in Russia!!
email IMAGES-012-HOUSE_OVERSIGHT_033297.txt Jun 2, 2016 House Oversight Committee — Epstein Estate Records (Nov 2025)

…der Kim Jong Un to try to stop Pyongyang's nuclear program and has criticized the decades-old NATO alliance with mainly European nations as obsolete and too costly for the United States. Clinton derided these and other positions, promising she would do a better job keeping the U...

indirectly by my sons and church elders about joining a study group for personal
document IMAGES-002-HOUSE_OVERSIGHT_013641.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…nd he cannot know them, because they are spiritually understood.” My research took me to a collaborative project at a European mathematics institute for three months. | returned to our town very late on a Saturday night. | planned to surprise my sons by appearing at their usual...

Market’s unusual lack of volatility
document IMAGES-001-HOUSE_OVERSIGHT_012095.txt Nov 1, 2017 House Oversight Committee — Epstein Estate Records (Nov 2025)

…asury yields as well as commodity prices from oil to copper. The U.S. reflation expectation also boosted the greenback. European sovereign bond yields and the euro declined after ECB President Draghi announced a reduction in monthly asset purchases starting in 2018, but promised...

Global economic outlook - Summary
document IMAGES-007-HOUSE_OVERSIGHT_024142.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…eakness to buoy global growth? e What are the risks of near-term faltering of the US economic recovery? e When is the European economy likely to return to sustainable economic expansion? CIO View (Probability: 60%*) ¢ Global economic activity remains moderate; the growth impu...

Chart 1: Synchronised rise in leading indicators globally augurs well for
document IMAGES-002-HOUSE_OVERSIGHT_014462.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…/13) «01/14 «(015 = (01/16 Source: BofA Merrill Lynch Global Research, Datastream, IBES Bankof America Merrill Lynch European Equity Strategy | 01 December 2016 3 HOUSE_OVERSIGHT_014462

UBS View Prefer value and large caps in Europe, mid caps in US
document IMAGES-007-HOUSE_OVERSIGHT_024156.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

… the market significantly over the long term. ¢ Mid-cap stocks provide attractive opportunities over the longer term. European earnings revisions fell hard last year, but the down cycle might be be ending (net revisions, in %; MSCI Europe) 30% 20% 10% 0% -10% -20% -30% -40%...

Volatility in Europe
document IMAGES-003-HOUSE_OVERSIGHT_014980.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…storically low implied vols: The structure benefits from its long vol bias as average 6M implied vol on the basket of 5 European banks is historically low (13% %-ile since Jan-08, Chart 16). ¢ High implied correlation beneficial for structure’s short correlation bias: Chart 17 s...

Eye on the Market | October 22, 2012 J.P Morgan
document IMAGES-007-HOUSE_OVERSIGHT_024194.txt Oct 22, 2012 House Oversight Committee — Epstein Estate Records (Nov 2025)

… of rising Chinese oil demand; and another rough year for the electric car. The political backdrop in the Middle East, European concerns about natural gas dependence on Russia, and lingering concerns about nuclear power after Fukushima are factors driving countries to seek great...

Buy hedges for May expiry
email TEXT-001-HOUSE_OVERSIGHT_014717.txt Mar 16, 2017 House Oversight Committee — Epstein Estate Records (Nov 2025)

…en only 3-4% • Where does this leave us? Only Trump can cut through the logjam. • Woo prefers Europe over US right now. European equities are climbing a wall of worry • Getting positive on energy • Buy the dip in May (-6 weeks). But own early-May or mid-May equity puts now. • Oth...

Trump additionally proposed capping itemized deductions
document IMAGES-006-HOUSE_OVERSIGHT_022386.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…mpels profit shifting to low-tax jurisdictions and erodes the US tax base. That phenomenon escalated this year with the European Commission’s latest state aid decision, which was seen as demonstrating a tension between the US and Europe over who should tax the foreign income of U...

Appendix 1: The Team and Our Process
document IMAGES-007-HOUSE_OVERSIGHT_024221.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…fits from his having lived 10 years abroad (5 years in Asia covering the Asian utilities and 5 years in Europe covering European utilities) and 11 years in the US. In addition, as Managing Partner, Jos controls all major decisions at Electron. e Track Record (7 years) Electron’...

Drilldown on USA Inc. Financials
document IMAGES-006-HOUSE_OVERSIGHT_021062.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…einhart and Rogoff’s observations are based on ‘gross debt’ data, in the U.S., debt held by the public is closer to the European KP countries’ definition of government gross debt. For more information, see Reinhart and Rogoff, “Growth in a Time of Debt,” 1/10. (@)E) www.kpcb.com...

ASW Travel Deals: London, NYC, Miami, Maui, Racing in Baja, Hiking Moab and More
email TEXT-001-HOUSE_OVERSIGHT_023971.txt Jul 27, 2011 House Oversight Committee — Epstein Estate Records (Nov 2025)

…Bangkok manages to provide a tranquil getaway that feels miles from the city's chaos. Capitalizing on the hotel brand's European roots, the design is an artful blend of Art Deco accents and Thai flourishes. In 303 rooms, huge beds, baths and work/lounge areas provide ample space...

the business community about the challenge presented by China’s economy and
document IMAGES-006-HOUSE_OVERSIGHT_020624.txt Dec 1, 2017 House Oversight Committee — Epstein Estate Records (Nov 2025)

…ope in general: Francois Godement and Abigael Vasselier, “China at the Gates: A New Power Audit of EU-China Relations,” European Council on Foreign Relations, December 1, 2017, accessed October 11, 2018, http://www.ecfr.eu /publications/summary/china_eu_power_audit7242; and Thors...