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litate your discussions with the applicable Goldman Sachs entity including, but not limited to, Goldman Sachs & Co. LLC, Goldman Sachs International, Goldman Sachs AG, Goldman Sachs Bank (Europe) plc, Goldman Sachs Paris Inc. et Cie., Goldman Sachs (Monaco) S.A.M., Goldman Sachs Saudi Arabia, Goldman Sachs Bank AG,
Page: HOUSE_OVERSIGHT_026921 →end that clients maintain their strategic allocation to US equities. HOUSE_OVERSIGHT_026920 --- PAGE BREAK --- Sources: Investment Strategy Group, Bank for International Settlements, Bloomberg, Datastream, Goldman Sachs Global Investment Research, Haver, International Monetary Fund, Teneo Intelligence. Endnotes: (1) Kate Davids
Page: HOUSE_OVERSIGHT_026921 →studying the methods used to measure price indices.°° We point to three examples to illustrate the mismeasurement argument. First, our colleagues in Goldman Sachs’ Global Investment Research (GIR) have pointed out that the official price indices for information and communication technology show an implausible ga
Page: HOUSE_OVERSIGHT_014548 →edit-to-GDP ratio and its long-term trend in percentage points. Long-term trend is calculated using an HP filter. Source: Investment Strategy Group, Bank for International Settlements. direct investment has reversed and is now negative. In our view, neither China’s high savings rate nor its increasing government control of financi
Page: HOUSE_OVERSIGHT_014565 →06 0.2 08 0.0 10 Jan-16 Apr-16 Jul-16 Oct-16 Data through December 31, 2016. Source: Investment Strategy Group, Bloomberg, Datastream. Exhibit 92: S&P Goldman Sachs Commodity Total Return Index Commodities generated their first double-digit return since 2009. Annual Returns (%)} 60 40 20 _ LL | I Hi BL gis R
Page: HOUSE_OVERSIGHT_014606 →er and Executive Vice-President General Manager, Bank for International Settlements (BIS), Basel Vice-President International News an
rvard University Sant Jordi Asociados JPMorgan Private Bank Och-Ziff Management Europe Limited S.A.C. Capital Advisors LP Apax Partners Israel Ltd The Goldman Sachs Group Inc. Carnegie Mellon University Vodafone Group Plc Riders for Health Swiss Television RTS Bank Julius Baer & Co. Ltd Absa Capital University of Ox
Page: HOUSE_OVERSIGHT_017068 →Entities connected to both Goldman Sachs and Bank for International Settlements

Donald Trump
PERSON
Barack Obama
PERSON
United States
LOCATION
Marc Rich
PERSON
United Kingdom
LOCATION
John F. Kennedy
PERSON
Norway
LOCATION
Credit Suisse
ORGANIZATION
Federal Reserve
ORGANIZATION
U.S. Treasury
ORGANIZATION
Frankfurt
LOCATION
Abu Dhabi
LOCATION
Middle East
LOCATION
Seoul
LOCATION
Malaysia
LOCATION
Columbia University
LOCATION
Nigeria
LOCATION
European Union
ORGANIZATION
Michael Bloomberg
PERSON
Venezuela
LOCATION