Epstein Secrets

, by any =eans, or (ii) distributed to any person that is not an employee, =fficer, director, or authorized agent of the recipient. =/font> @ 2016 =oldman Sachs. All rights reserved. =/p> 4 EFTA_R1_01963908 EFTA02675718

ichard Kahn HBRK Associates Inc. 575 Lexington =venue 4th Floor New York, NY 10022 Begin forwarded message: From: =/b>Judie Taylor Subject: =/b>Goldman Sachs ISG =eopolitical Risks to Our 2016 Outlook Client Call Thursday, January =4th Date: =/b>January 14, 2016 at 9:48:50 AM =ST To: =/b>' As a reminder, we

Research. Information and opinions expressed by individuals =ther than Goldman Sachs employees do not necessarily reflect the view =f Goldman Sachs. Goldman Sachs does not provide accounting, tax or =egal advice to its clients. Legal Entities Disseminating this =aterial. This=material has been approved for iss

stment Strategy Group. =/b>The =nvestment Strategy Group ("ISG") is part of the Investment Management =ivision of Goldman Sachs and is not a part of Goldman Sachs Global =nvestment Research. Information and opinions expressed by individuals =ther than Goldman Sachs employees do not necessarily reflect the view =f Gol

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,

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 Davidson and Sarah Chaney, “Fed Chair Powell Sees ‘R

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

a Activity Indicator 2000 2002 2004 2006 2008 2010 2012 2014 2016 Data through 03 2016. Source: Investment Strategy Group, Emerging Advisors Group, Goldman Sachs Global Investment Research. both China and the US, such as Korea, Taiwan and Malaysia, would be particularly vulnerable. While the net effect of these comp

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