Epstein Secrets

ectively lend again in the sector. Moreover, with energy criticized loans peaking in 1Q16, management expe

EO, Broker Dealer Services, BNY Mellon), Lee Betsill (Chief Risk Officer, CME Group), Michael C. Bodson (President & CEO, DTCC), John Horkan (Head of North America and Global COO, Rates & FX, LCH, LSE Group) and Marcus Denne (Director, Global Clearing, BofA Merrill Lynch). « With the start of the Uncleared Marg

is underestimating ’17 EPS upside potential from Energy recovery given the segment’s close correlation to

create near-term volatility in topline results; (2) Historically lumpy communications equipment spending trends; (3) Larger than expected slowdown in North America automotive unit production Company Description: Texas Instruments is a broad-based supplier of semiconductor components, ranging from digital signal

Consumer Staples and Healthcare. We also like the Energy sector. e We are negative on Industrials and Con

s related to Syria-Turkey is likely to ease supply concerns. This should keep the market focus on weak demand growth and strong crude oil output from North America, allowing the Brent price to temporarily reach USD 95/bbl. e A weaker USD, reduced economic tail risk for Europe, ongoing social turmoil in the Middl

8/4/11 8/5/11 8/6/11 8/7/11 8/8/11 Source: Electric Reliability Council of Texas. 70 60 50 40 30 20 10 0 •Independent Coordinator of Transmission for Entergy •Midwest Independent Transmission System Operator PJM Interconnection (Southeast/Midwest) •Tennessee Valley Authority •Southwest Power Pool 2002 2003

ment, food, economy, and population. He is the author of thirty books and more than three hundred papers on these subjects and has lectured widely in North America, Europe, and Asia. He is also noted by Foreign Policy magazine as #49 on its list of the 100 most influential thinkers in the world. Citations "Energ