Epstein Secrets

olesale clients" as defined by the Financial Advisers Act 2008 (New Zealand). and should not be construed as advice. Note to Readers in Vietnam. the Philippines, Brunei. Thailand, Indonesia, China. Taiwan and India: This document is provided solely for the informational purposes of institutional investors an

s to economic policy. We think this recommitment to fiscal discipline could persuade other ratings agencies to delay any downgrades of their own. Moody's, which still considers Brazil investment grade, welcomed the news. However, we think there's a substantial risk that the government will find its

an oil price shock %decline GDP 0.0% Australian • U.K Euro land Japar• Brazil • Poland Hungary • • U.S. ChinaU • Indonesia IN Turkey • Philippines • Korea • India MI S. Africa Taiwan • Thailand Ar.. Si ■ Canada Mexico Malaysia • Argentina -1.0% -0.5% ISI Source: Bridgewater Associa

Source: Bridgewater Associates The Ides of March March 3 March 9 Irish Parliament recornenes with mandate to revisit EU/IMF bailout March 10 Moody's downgrades Spain to Aa2 March 11, 20 Days of Rage, Saudi Arabia March 11 Eurozone summit (Heads of state) March 14, 15 Eurogroup meeting (Ministe

ary care was lower in many nations than expected given levels of wealth and development. The biggest underachievers in Asia included Indonesia, the Philippines, India and tiny Brunei, while in Africa it was Botswana, South Africa and Lesotho that had the most room for improvement. Regions with healthcare s

o biggest companies, Gibson and Fender, are in debt, and a third, PRS Guitars, had to cut staff and expand production of cheaper guitars. In April, Moody's downgraded Guitar Center, the largest chain retailer, as it faces $1.6 billion in debt. And at Sweetwater.com, the online retailer, a brand-new, int

nd Exchange Commission. Indonesia: PTE. Morgan Securities Indonesia is a member of the Indonesia Stock Exchange and is regulated by the BAPEPAM LK. Philippines: E. Morgan Securities Philippines Inc. is a member of the Philippine Stock Exchange and is regulated by the Securities and Exchange Commission. Braz

• Why you remain risk-off and what catalysts you see over the summer; • Are we heading towards a Lehman moment? • Comment on ratings action by Moody's on banks; Nikolaos Panigirtzoglou (Head of European Asset Allocation): • Why QE seems to be losing its effectiveness • Progress on investor posi

and Exchange Commission. Indonesia: PT5 Morgan Securities Indonesia is a member of the Indonesia Stock Exchange and is regulated by the BAPEPAM LK. Philippines: E. Morgan Securities Philippines Inc. is a member of the Philippine Stock Exchange and is regulated by the Securities and Exchange Commission. Braz

acilities in New York. AES Corporation did not expect the bankruptcy filing to impact its previously disclosed FYI I guidance metrics. On 5-Jan-12, Moody's said the DPL acquisition had strengthened AES global portfolio by improving the scale, diversity and cash flow quality of its existing North Americ

Netherlands France Austria EFTA01464497 Hungary Portugal Italy Ireland Spain Greece China Indonesia Thailand Brazil Taiwan Malaysia Philippines Hong Kong India Singapore EFTA01464498 28 February 2013 Exchange Rate Perspectives Figure 17: BoJ Balance Sheet Yet To Grow As Fast As Fed Or

e purchase of financial products and/or services, customers should carefully read the relevant disclosures, prospectuses and other documentation. "Moody's", "Standard & Poor's", and "Fitch" mentioned in this report are not registered credit rating EFTA01464564 agencies in Japan unless "Japan" or "Ni

nia Russia Saudi Arabia South Africa Turkey Ukraine United Arab Emirates Asia (ex-Japan) China Hong Kong India Indonesia Korea Malaysia Philippines Singapore Sri Lanka EFTA01476183 Taiwan Thailand Vietnam Latin America Argentina Brazil Chile Colombia Mexico Peru Venezuela G7 Adva

ge 81 EFTA01476249 8 December 2015 World Outlook 2016: Managing with less liquidity relevant disclosures, prospectuses and other documentation. "Moody's", "Standard & Poor's", and "Fitch" mentioned in this report are not registered credit rating agencies in Japan unless Japan or "Nippon" is specifi