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Global Cross Asset Strategy – Year Ahead
document TEXT-001-HOUSE_OVERSIGHT_014432.txt Nov 30, 2016 House Oversight Committee — Epstein Estate Records (Nov 2025)

…ort EUR/SEK Kamal Sharma Long USD/CNY call Claudio Piron FX Short GBP/USD Kamal Sharma Long USD/AUD Ian Gordon Long RUB/ZAR David Hauner 2s-5s-10s fly Shyam S.Rajan Fixed Income Short US 10y real rates Shyam S.Rajan Paying 5y GBP real rate swap Mark Capleton Buy 30y US IG Industr...

firms can be naturally slowed by internal directives. Bad outflow such falling CNY
document IMAGES-003-HOUSE_OVERSIGHT_014764.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…EM FX We used a simple regression to quantify the impact of the RMB depreciation on key EM FX: BRL, RUB, INR, TRY, and ZAR'. We analyzed two cases: 1) Base case —- USD/CNY rises to 7.25 and market volatility, which we use the VIX as a proxy, is unchanged from its current level;...

CIO WM Global Investment Office
document TEXT-001-HOUSE_OVERSIGHT_025247.txt Oct 25, 2012 House Oversight Committee — Epstein Estate Records (Nov 2025)

…r-yielding currencies in EMEA and Latin America. • Our most preferred emerging market currencies are currently the MXN, ZAR, PLN, KRW and SGD.We expect the CNY to appreciate 2% against the USD, moving towards 6.20 over the coming 12 months. Internationally marketable instruments...

In the 1980’s, Moishe Zar, a desert castle dwelling, settlement organizing
document IMAGES-002-HOUSE_OVERSIGHT_013647.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

In the 1980’s, Moishe Zar, a desert castle dwelling, settlement organizing, ardent Orthodox Jewish Zionist, now 65 years old, was the leading vigilante of the West Bank He planted bombs in the cars of Arab mayors and plotted to blow up the Dome of the Rock. Buying up farmland fro...

The foibles of spell checkers have long been a personal pain to me
document IMAGES-003-HOUSE_OVERSIGHT_015829.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…n’t easily see the occasions when I use ahomonym. A fine poem illustrating the problem was kindly written by Jerrold H. Zar and published in The Journal of Irreproducible Results. It hangs on the wall behind my computer to remind me to check for these errors. Candidate for a Pul...

Table 1: Current cross asset trades
document IMAGES-002-HOUSE_OVERSIGHT_014433.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…ort EUR/SEK Kamal Sharma Long USD/CNY call Claudio Piron FX Short GBP/USD Kamal Sharma Long USD/AUD lan Gordon Long RUB/ZAR David Hauner 2s-5s-10s fly Shyam S.Rajan Fixed Income Short US 10y real rates Shyam S.Rajan Paying 5y GBP real rate swap Mark Capleton Buy 30y US |G Industr...

Attachments
email TEXT-001-HOUSE_OVERSIGHT_022272.txt Mar 13, 2014 House Oversight Committee — Epstein Estate Records (Nov 2025)

… a hard risk off move in markets in first half of next week - more focused on European equities, copper, EM FX (Turkey, ZAR, Ruble etc) than SPX. In that scenario oil is way up. HOUSE OVERSIGHT 022272 Exchange WTI calls - there are 2 options (as of 3pm est): 5day expiry 17march 2...

Characterizing carry
document IMAGES-003-HOUSE_OVERSIGHT_014767.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…o this criteria only, we find that EM currencies are the most attractive, in particular ARS, BRL in LatAm, RUB, TRY and ZAR in EEMEA and INR, IDR and CNY in Asia (Chart 63). Even though volatility and drawdowns can be useful measures of risk, they don’t say much about the exposu...

Re: Oil options [C]
email IMAGES-006-HOUSE_OVERSIGHT_022346.txt Mar 14, 2014 House Oversight Committee — Epstein Estate Records (Nov 2025)

… a hard risk off move in markets in first half of next week - more focused on European equities, copper, EM FX (Turkey, ZAR, Ruble etc) than SPX. In that scenario oil is way up. Exchange WTI calls - there are 2 options (as of 3pm est): 5day expiry 17march 2014 underlying clj4 9...

Stress testing CNY
document IMAGES-003-HOUSE_OVERSIGHT_014762.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…2017, translating into higher CNY volatility. « We also look at broader EM FX sensitivity to CNY depreciation and find ZAR and RUB most vulnerable. « We examine if bond index and MSCI inclusion could significantly offset outflows, but are doubtful for now. CNY - anything left...

Re: Oil options
email TEXT-001-HOUSE_OVERSIGHT_022260.txt Mar 14, 2014 House Oversight Committee — Epstein Estate Records (Nov 2025)

… a hard risk off move in markets in first half of next week - more focused on European equities, copper, EM FX (Turkey, ZAR, Ruble etc) than SPX. In that scenario oil is way up. Exchange WTI calls - there are 2 options (as of 3pm est): 5day expiry 17march 2014 underlying clj4 97....

The Webmind Diehards, who helped begin the Novamente project that succeeded Webmind
document IMAGES-002-HOUSE_OVERSIGHT_012906.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…eekends to getting this book finished (as well as to other AGl-related pursuits). And my parents Ted and Carol and kids Zar, Zeb and Zade, who have also indulged me in discussions on many of the themes discussed here on countless occasions! And my dear, departed grandfather Leo Z...

Re: Oil options
email IMAGES-006-HOUSE_OVERSIGHT_022260.txt Mar 14, 2014 House Oversight Committee — Epstein Estate Records (Nov 2025)

… a hard risk off move in markets in first half of next week - more focused on European equities, copper, EM FX (Turkey, ZAR, Ruble etc) than SPX. In that scenario oil is way up. Exchange WTI calls - there are 2 options (as of 3pm est): 5day expiry 17march 2014 underlying clj4 9...