Epstein Secrets

China 7-day repurchase rate +98 bps yesterday (gauge of funding availability in the system) Leading European Sectors: Telco +0.88%, Banks +0.56%, Utilities +0.52% Lagging European Sectors: Chemicals -1.74%, Oil & Gas -1.47%, Basic Res -1.26% CPWM Gabelli 13D - R guides lower - ABTL reverse 1-for-5 spli

tch cut for MS was consensus despite fears of 3). Hollande, Merkel, Rajoy & Monti meeting in Rome today ahe

tal Leading European Sectors: Basic Res +0.94%, Food/Bev +0.41%, Healthcare +0.35% Lagging European Sectors: EMU Banks -1.87%, Construction -1.74%, Utilities -1.17% ABT phase 3 results - SYK eps meets, revs top - URI solid qtr FAF $600M credit facility - EWBC lifts FY12 view - LLTC net falls IN cuts for

rs > 50% of the vote (unlikely with 5 main candidates), the 2 front-runners will go onto Round 2 on May 6. Right now the latest polls from CSA have Hollande leading Sarkozy 29% to 24% in Round 1 (had been tied a few days ago) and ultimately winning the Round 2 run-off in a more convincing fashion 58% to

Brazil Leading European Sectors: Food/Bev +0.97%, Tech +0.89%, Chemicals +0.86% Lagging European Sectors: Autos/Parts -2.03%, Construction -0.72%, Utilities -0.33% SNI $1B shr buyback - CVG raises eps view - OCLR boosts rev outlook PPO sales declines - TX sees lower op profit - LIFE $750M buyback BGFV

ame for recession Telegraph<http://www.telegraph.co.uk/finance/economics/9442430/Bank-official-admits- economists-were-to-blame-for-recession.html> Hollande joins chorus of leaders pledging to save eurozone Telegraph<http://www.telegraph.co.uk/finance/financialcrisis/9442854/Hollande-joins-chorus- of-lea

ies News) Leading European Sectors: Telco +0.28%, Trav/Les -0.13%, Chemicals -0.06% Lagging European Sectors: Real Estate -1.32%, Oil & Gas -1.02%, Utilities -1.00% MELI penny light - GCA penny better - AMEN loss worse EFTA00413483 RBCN guides eps down - FNGN eps inline - STEC sees weak q2 CQB eps mis

atechnologyandtelecoms/telecoms /9252901/Worlds-richest-man-Carlos-Slim-buys-third-of-Hollands-biggest-phone-company-Royal- KPN.html> HSBC welcomes Hollande's first steps - but with caution Independent<http://www.independent.co.uk/news/business/news/hsbc-welcomes-hollandes-first- steps--but-with-caution-

FTA00396444 Leading European Sectors: Fin Services +1.43%, Trav/Les +1.03%, Basic Res +0.75% Lagging European Sectors: Telco -0.68%, Banks -0.66%, Utilities -0.43% HAIN guidance bit light — CERN bookings top — CALX eps beats ULTI #'s mixed — THOR sales topped — MYGN boosts forecast CHRW eps miss, revs

BS) WSJ • Debt Rise Colors Budget Talks WSJ • Hollande Calls for Policy on Foreign Exchange WSJ • Trou

m, imports -6% m/m) • Indonesia's 4q GDP +6.11°A, y/y vs est of +6.2% (seeks 2013 GDP growth of 6.5%-6.8%) Leading European Sectors: Banks +1.09%, Utilities +0.98%, Healthcare +0.94% Lagging European Sectors: Telco -0.63%, Autos/Parts -0.61%, Tech -0.40% HOLX guides lower — TMK cuts top end — SWY names

with Spain, Germany and UK beating expectations. Hollande out saying Eurozone needs an exchange rate policy

perspective. Financials are now trading around median relative valuation levels. Healthcare PE relative is at the bottom of the historical range and Utilities relative PE is also close to the prior low hit in 2013. Food & Beverage still commands a large premium and PE- relative is 6-10% above the 2010 / 201

a head of state running on a far right platform since the EU began. 22/ 29 Jan: French Socialist Party presidential nominee elections If President Francois Hollande decides to run for re-election as the Socialist Party candidate (decision expected Dec 10th) he could be challenged by former Prime Minister Manuel V