Epstein Secrets

• Obama must do more than raise taxes FT • Japan's nationalism is a sign of weakness FT • The endgame remains the same for Greece The Times • Fitch downgrades Argentina by five and predicts default Telegraph • Hollande insight with threat to nationalize ArcelorMittal Telegraph • Carney a 'sig

SV/RDC/SDRL & makes BHI top pick Raja initiates DKUSXE (op's), Macquarie upgrades ETR, Bofa upgrades SCHN, Nomura cuts SHW Citi upgrades VNO (buy), Baird initiates VOD (op), DB initiates IDIX (buy) JEFF upgrade CPG LN, MS upgrade KRKA PW, RBC upgrade SVT LN, Kepler upgrade RCO FP MS upgrade ENI IM, M

(trading +1.0%) • Mercedes-Benz Jan-Oct sales +8.0% on year at 169,070 units (DAI GY trading -0.33%) • Italy prosecutors seek trial for 5 and 2 Fitch employees (drop probe on 2 Moody's workers) (DJ) • Global business confidence falls to lowest level in 3 years (Markit Business Outlook Survey) •

NO, JPM upgrades DTSI & cuts CAT Barcap upgrades ORA, Jeff cuts JNJ/NKTR & upgrades SQNM (buy) MS upgrades TRIP & cuts IQNT CS downgrades JCP/VRTX, Baird upgrades NAV, JPM and Stifel downgrade STRA, Citi upgrades CMA Exane upgrades IHG LN, Citi downgrades RYA LN, Barclays initiates Russian Oil & Gas s

lowest pace in at least 6 years) India industrial output grows at slowest pace since 2009 (output +3.3% versus estimate +6.2%) Toyota debt cut by Fitch to A from A+ with stable outlook (prolonged inherent structural weakness) Suzuki to ask Volkswagen to sell its Suzuki shares back (ending 20-month

hrough Bofa & GS, Wellesley Bancorp (WEBK) files 2.76M shares through Sandler Key Research: MS initiates ALGN (uw) & XRAY/TFX (ew) & HRC/SIRO (ow), Baird upgrades IRET Key Research: Roth downgrades CYCC/SPPI/CLDX/DNDN/REGN, Canaccord initiates ZLCS (buy) Key Research: Auriga upgrades MYGN (buy), Bank

ume and institutional players show rally is running on empty FT<http://www.ft.com/cms/s/0/3c22573a-6c57-11e1-8c9d-00144feab49a.htmlftaxzzlosmq6Ucr> Fitch revises UK outlook to negative from stable FT<http://www.ft.com/cms/s/0/49e78bb0-6ele-llel-baa5-00144feab49a.html> Pension funds lukewarm on UK 100

initiates SYK/ZMH (op's), Piper initiates SPNC/GTIV (ow), FBR initiates WRLD (mp), Sitfel upgrades AFFY (buy) Key Research: DB upgrades VECO (buy), Baird downgrades RRMS, Susquehanna initiates MYL/WPI EFTA00417992 (positive's) Key Research: Stifel initiates ARIA/ARQL/CEMP (buy's) and DNDN (hold) &

expects swift conclusion of negotiations about intended 50% PSI Greece government spokesman warns Greece could be forced out unless it can agree to Fitch says that the outlook for local and regional governments in France remains challenging U.K. Dec Manufacturing PMI 49.6 vs 47.3 estimate (average re

brokers initiates ANGI Key Research: RBC upgrades JACK to Top Pick & upgrades KIM/PAY/KEX & downgrades CPT/DFT/FPO/LHO/NLY/O/SPG/WRI Key Research: Baird upgrades UA & downgrades WWW, Piper downgrades ZUMZ & upgrades AEO/SQNM, Macquarie downgrades EXC/PCG Key Research: JPM downgrades HOLX/PCAR/AMT/NA

rmer treasurer of governing People's Party Luis Barcenas will be questioned by prosecutors today. Holland vs Germany spread widening on the back of Fitch revising its outlook on the Dutch AAA to negative from stable. Volumes tracking 110% of 3-month average. ECB & BOE tomorrow along with the beginning

P upgrades AGN, JPM downgrades TRMB/ACI, Citi upgrades CG/GCI & downgrades SLGN/CNC/MNI • CLSA downgrades DELL & upgrades CHD, Raja downgrades CCOI, Baird initiates FINL (neut) • Nomura initiates CMAIFITB/HBAN/KEY (neuts) & WFC/USB/PNC/RF (buys), Janney initiates INTU (buy) ••• Evercore downgrades GGP