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Exhibit 19: US Equity Volatility
document IMAGES-003-HOUSE_OVERSIGHT_014553.txt Dec 31, 2016 House Oversight Committee — Epstein Estate Records (Nov 2025)

…e red arrows show the S&P 500's (SPX's) peak-to-trough declines around each episode. Source: Investment Strategy Group, Bloomberg. 45.8 (5/20/10) 48.0 Me 407 (8/24/15) 28.1 26.3 (10/15/14) 26.7 (6/1/12) 147 143 12.0 ears ait) (3/26/12) gunn arming! 2011 2012 2013 2014 2015...

From: jeffrey E. [[email protected]]
email TEXT-002-HOUSE_OVERSIGHT_033092.txt May 8, 2018 House Oversight Committee — Epstein Estate Records (Nov 2025)

…itter glhsummers www.larrysummers.com On May 8, 2018, at 8:19 AM, jeffrey E. <[email protected]> wrote: https://www.bloomberg.com/news/articles/2018-05-07/d-e-shaw-fired-fund-manager-michalow-for-gross- violations STAY AWAY! please note The information contained in this commu...

Notable trends and dislocations (US)
document IMAGES-007-HOUSE_OVERSIGHT_023583.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…16 '92 ‘04 13 ‘15 YTD == >= Average VIX level (RHS) —)=Max VIX level (RHS) Source: BofA Merrill Lynch Global Research, Bloomberg. Daily data from Jan-90 to 5-Jun-17. The political turmoil on 17-May caused short-term vols to reset higher and the VIX jumped to 15.59 from 10.65 th...

50434314210044050 Bloomberg Realty Co Inc 754
document 50434314210044050 BLOOMBERG REALTY CO INC 754 House Oversight Committee — Epstein Estate Records (Nov 2025)

450.00 0 CONDOMINIUM 5043431421 SUN & SURF 100 & 130 CONDO 4050 0400 CONDO 1977 1580 754450

Re: Obama Favoring Former White House Counsel Kathryn Ruemmler to Succeed Holder as Attorney General
email TEXT-001-HOUSE_OVERSIGHT_026345.txt Oct 14, 2014 House Oversight Committee — Epstein Estate Records (Nov 2025)

…_______ 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 < > wrote: I'm almost home. Call there in 10? On Oct 14, 2014 8:20 PM, "jeffrey E....

Table 11: Amazon Estimate Summary
document IMAGES-003-HOUSE_OVERSIGHT_014902.txt Apr 6, 2017 House Oversight Committee — Epstein Estate Records (Nov 2025)

…28 $3.30 $12.60 $18.16 BofAML vs. Street Above Below Below Below Source: BofA Merrill Lynch Global Research estimates, Bloomberg, as of 4/4/2017 Our PO of $1,100 is based on our SOP that values AWS at $127bn or $259 per share and the retail business at $413bn or $841 per share....

Vermont Service Center
document TEXT-001-HOUSE_OVERSIGHT_019474.txt May 29, 2015 House Oversight Committee — Epstein Estate Records (Nov 2025)

…ent George W. Bush, Secretary of Defense Donald Rumsfeld at the Pentagon, Henry Kissinger, Bill Gates and Mayor Michael Bloomberg. I met Ms_____________________a few years ago through mutual friends and I was highly impressed with her. Aside from being an amazing fashion model, s...

Photo: George Rose/Getty Images
document IMAGES-005-HOUSE_OVERSIGHT_020146.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…sed its NXP bid to secure support from activist investors who have piled into NXP and demanded a higher sale price." — Bloomberg. HOUSE_OVERSIGHT_020146

1Q Internet Summary Previews
document IMAGES-003-HOUSE_OVERSIGHT_014889.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…ad EPS ($0.49) ($0.60) Ahead YELP Revenue $201 $198 EPS $0.18 $0.16 Ahead Source: BofA Merrill Lynch Global Research, Bloomberg, as of 4/4/2017 Bankof America Merrill Lynch Internet/e-Commerce | 06 April 2017 HOUSE_OVERSIGHT_014889

attractive valuations of EU banks vs. US peers (EU banks on 12.0x 2017E P/E vs. US Banks on ~14x and
document IMAGES-003-HOUSE_OVERSIGHT_014862.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…monitor market expectations for ECB normalisation in rates using the World Interest Rate Probability (WIRP) function on Bloomberg. It’s been very volatile recently. I currently see the market is pricing a 16.6% probability of a EUR rate hike before the end of 2017 (row 6, column...

below $40. In other words, the outcome is highly binary in the short term for crude and
document IMAGES-003-HOUSE_OVERSIGHT_014480.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

….9 n 0 1.9 00% Technology SX8P 3.8 n 0 3.8 00% Telecomm SXKP 41 n 0 44 00% Source: BofA Merrill Lynch Global Research, Bloomberg Reflation rotation - tactically got very stretched Over the last two weeks we cut our weightings in Basic Resources and Banks to neutral. That was i...

e Uneven tariff rates and the banning of some US goods
document IMAGES-009-HOUSE_OVERSIGHT_026916.txt Oct 12, 2018 House Oversight Committee — Epstein Estate Records (Nov 2025)

…A Shares 720) Jan-18 Feb-18 Mar-18 Apr-18 May-18 Jun-18 Jul-18 Aug-18 Sep-18 Oct18 Source: Investment Strategy Group, Bloomberg. HOUSE_OVERSIGHT_026916

(FX-neutral). The STR data reflects a continued gradual deceleration in US RevPAR
document IMAGES-003-HOUSE_OVERSIGHT_014906.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

… $6.88 $8.55 BofAML est. vs. Street Above Above Above Below Below Source: BofA Merrill Lynch Global Research estimates, Bloomberg, as of 4/4/2017 Our $146 price objective is based on our sum of the parts (SOP) that assumes 9x 2018E EBITDA for the core OTA business (a discount to...