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6 “PER RSs AK OU... PHRMA LER,” Japan+, November 10, 2015
document IMAGES-006-HOUSE_OVERSIGHT_020628.txt Nov 10, 2015 House Oversight Committee — Epstein Estate Records (Nov 2025)

… accessed October 11, 2018, http://japan-plus.net/952. 7 Daniel Moss, “As China Steps Up, Japan Isn’t Stepping Aside,” Bloomberg, July 10, 2018, accessed October 11, 2018, https://www.bloomberg.com/view/articles/2018-07-10/japan-reasserts-influence-as-china-rises. NEW ZEALAND...

Chart 3: EM debt and equity have been hit Chart 4: While Banks versus Staples has gone ballistic
document IMAGES-002-HOUSE_OVERSIGHT_014436.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…27 650 0.25 Oo Oo Wo Oo Oo Ob Oo 0 0 Oo 0 Oo 8 po WwW WOW © © © © © © © © © © SSReRPERELZERS SSR SR ER SESE ES Source: Bloomberg Source: Bloomberg The moves since Nov 8" have certainly been violent in certain asset classes. USD/JPY stands out, but the sell-off in US treasuries...

Recent steepening of the yield curve. We have highlighted two measures of the yield curve as sign
document IMAGES-009-HOUSE_OVERSIGHT_026899.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…of a recession. Both have steepened since their lows, as shown in Exhibits 5 and 6. Source: Investment Strategy Group, Bloomberg. *““Near-Term Forward Spread” is the implied 3-month forward yield 18-months from now. Source: Investment Strategy Group, Bloomberg. HOUSE_OVERSIGHT...

Underweight Retail
document IMAGES-003-HOUSE_OVERSIGHT_014490.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

… 8.3% 7.8% 7.3% ——Retail EBITDA margin 6.8% PP FF FF gh gh gh gh gr gh gh Source: BofA Merrill Lynch Global Research, Bloomberg, Datastream, IBES Chart 68: Retail is expensive on a range of metrics Tesco Aldi Lidl Waitrose Morrisons Sainsbury's Asda -100 -50 0 50 100 m Ma...

Sources: Investment Strategy Group, Bloomberg, Datastream, Goldman Sachs Global Investment Research,
document IMAGES-009-HOUSE_OVERSIGHT_026906.txt Oct 3, 2018 House Oversight Committee — Epstein Estate Records (Nov 2025)

Sources: Investment Strategy Group, Bloomberg, Datastream, Goldman Sachs Global Investment Research, Haver. Endnotes: (1) Kate Davidson and Sarah Chaney, “Fed Chair Powell Sees ‘Remarkably Positive Set of Economic Circumstances,” The Wall Street Journal, October 3, 2018. (2) St...

Chart 80: Stocks mostly trade above ex-pipeline value
document IMAGES-003-HOUSE_OVERSIGHT_014494.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…es sector are attractive relative to history and compared to other Defensives. EV/EBITDA for the sector sits at 7.3x on Bloomberg estimates. That is a 20% discount to the market and is near 10-year lows on a relative basis. With dividends more secure the relative DY becomes more...

The Bank of Mexico will meet on 29 September, and a 50bp rate hike is already priced in
document IMAGES-001-HOUSE_OVERSIGHT_010611.txt Nov 23, 2015 House Oversight Committee — Epstein Estate Records (Nov 2025)

…4 2015 2016 mms Net Dollar position ———=MXN mmm spread —=—‘1y TIIE -—=—=ONR Source: BofA Merrill Lynch Global Research, Bloomberg Source: BofA Merrill Lynch Global Research, Bloomberg Notable Rates and FX Research * Global Rates & Currencies 2016 Year Ahead, 23 November 2015 *...

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)

… “0s 30.00 +100 ar 5 fi WV A fk rs mR +60 +40 2012 2013 2014 2015 2016 2017 Source: BofA Merrill Lynch Global Research, Bloomberg Long-term picture: 50m average crossing 200m average Chart 5: USD/JPY monthly chart with 50m average and 200m average 210 90 70 50 Golden cross 30 10...

Re: Obama Favoring Former White House Counsel Kathryn Ruemmler to Succeed Holder as Attorney General
email IMAGES-008-HOUSE_OVERSIGHT_026345.txt Oct 14, 2014 House Oversight Committee — Epstein Estate Records (Nov 2025)

…|er aS Subject: Re: Obama Favoring Former White House Counsel Kathryn Ruemmler to Succeed Holder as Attorney General - Bloomberg Importance: — High ok On Tue, Oct 14, 2014 at 8:22 PM, Kathy Ruemmler i wrote: I'm almost home. Call there in 10? On Oct 14, 2014 8:20 PM, "jeffr...

CL1 <comdty> OMON on Bloomberg has live strikes and bid/ask
document IMAGES-006-HOUSE_OVERSIGHT_022261.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

CL1 <comdty> OMON on Bloomberg has live strikes and bid/ask. If 5d is too short and 35d 1s too long / not enough gamma, Tazia may be able to source liquidity from the street. Am Cc'ing her for any live pricing or additional comment Best Nav This e-mail may contain confidential...

to economic mismanagement and political dishones
document IMAGES-005-HOUSE_OVERSIGHT_019273.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…es/illiberal-de- mocracy-spreads-to-poland-1465413404. 16. Noah Feldman, “Poland's New Leaders Take Aim at Democracy,” Bloomberg View, December 31, 2015, https://www.bloomberg. com/view/articles/2015-12-31/poland-s-new-leaders-take-aim-at-democracy. 17. Alison Smale and Joanna...

Will Cohen Cooperate? Tenuous Finances May Provide Crucial Clues
email TEXT-001-HOUSE_OVERSIGHT_020437.txt Apr 27, 2018 House Oversight Committee — Epstein Estate Records (Nov 2025)

… Cooperate? Tenuous Finances May Provide Crucial Clues 2018-04-27 08:00:00.2 GMT By Shahien Nasiripour and Caleb Melby (Bloomberg) -- In the two weeks since federal agents seized the files of Michael Cohen, President Donald Trump's personal attorney and fixer, a question has hove...

41 Link, Perry. “China: The Anaconda in the Chandelier.” New York Review of Books. April 11, 2002
document IMAGES-006-HOUSE_OVERSIGHT_020515.txt Apr 11, 2002 House Oversight Committee — Epstein Estate Records (Nov 2025)

…raphics/Tiffert-Peering_down_the_memory_hole_2017.pdf. 43 “Chinese companies are buying up cash-strapped US colleges.” Bloomberg. March 21, 2018. https:// www.bloomberg.com/news/articles/2018-03-20/cash-strapped-u-s-colleges-become-targets-for-chinese -companies. 44 Fischer, Ka...