Epstein Secrets

orris Date: Tue, 10 Feb 2015 19:53:37 -0500 To: Stewart Oldfield ‹ > Classification: Confidential From:

side in uncapped The Index allows participating clients to take a view on stocks which have low volatility, low beta and high dividend yield in the Eurozone area Backtesting, the benefits of this index have been higher dividend, higher returns, lower volatility and lower drawdowns than Eurostoxx50 Index

s ‹ > Date: Wed, 29 Apr 2015 13:48:33 -0400 To: Stewart Oldfield ‹ > Classification: Confidential From:

moves... EUR swap rates are up dramatically and markets are fluid - the pricing below is as of last night's close. Trade Rationale: Yields in the Eurozone have fallen since the start of 2014, and the commencement of the ECB's 1.1 trillion EUR quantitative easing program in March has fueled the decline

Thu, 10 Dec 2015 11:43:06 -0500 To: Paul Morris Stewart Oldfield This December marks both the end of the

— FX Strategists George Saravelos and Robin Winkler show that their "Euroglut" hypothesis, first introduced in October 2014, is now a reality; the Eurozone has experienced an unprecedented shift in portfolio outflows that have helped keep global yields unusually low and caused dramatic weakness in the

From: Stewart Oldfield Sent: 4/29/2015 1. • PM To: Paul M

ves... EUR swap rates are up dramatically and markets are fluid - the pricing below is as of last night's close. Trade Rationale: • Yields in the Eurozone have fallen since the start of 2014, and the commencement of the ECB's 1.1 trillion EUR quantitative easing program in March has fueled the decline

From: Paul Morris Sent: 4/29/2015 1:48:33 PM To: Stewart 0ldfield Subject: Fw: Higher rates in Europe - timely [C] Importance: High Classification: Confidential From: Daniel Sabba Sent: Wednesday, Ap

ves... EUR swap rates are up dramatically and markets are fluid - the pricing below is as of last night's close. Trade Rationale: • Yields in the Eurozone have fallen since the start of 2014, and the commencement of the ECB's 1.1 trillion EUR quantitative easing program in March has fueled the decline