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ak of $39.5 in July 1980, oil prices dropped to a nominal price of $11.28 in December 1998 (using historical spot physical crude data available from Dow Jones), a drop of 71.4% over 18 years. Over the same time period, energy stocks were up 11% annualized or 526% on a cumulative basis. In other words, des
aterial has been approved for issue in the United Kingdom solely for the purposes of Section 21 of the Financial Services and Markets Act of 2000 by Goldman Sachs International ("GSI"), Peterborough Court, 133 Fleet Street, London EC4A 2BB authorised and regulated by the Financial Services Authority; by Goldman Sachs Canad
es. Dow Jones Indices (DJ Industrial Average).. is a registered trademark of Standard & Poor's Financial Services LLC (-M") and Dow Jones@. [DJIA0] [Dow Jones Industrial Average@] are trademarks of Dow Jones Trademark Holdings LLC (-Dow Jones'). The trademarks have been licensed to IM Dow Jones Indices LLC
s material has been approved for issue in the United Kingdom solely for the purposes of Section 21 of the Financial Services and Markets Act 2000 by Goldman Sachs International, Peterborough Court. 133 Fleet Street. London EC4A 2BB: by Goldman Sachs Canada. in connection with its distribution in Canada: in the United States
n el Registro de Valores correspondiente. Dubai: Goldman Sachs International ("GSI"} is authorised and regulated by the Dubai
gistered trademarks of Standard & Poor's Financial Services LLC ("S&P") and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC ("Dow Jones”) and have been licensed for use by S&P Dow Jones Indices LLC and sublicensed or certain purposes by The Goldman Sachs Group, Inc. The “S&P 500 Index”
Page: HOUSE_OVERSIGHT_014617 →FOMC March Meeting Preview
is material has been approved for issue in the United Kingdom solely for the purposes of Section 21 of the Financial Services and Markets Act 2000 by Goldman Sachs International, Peterborough Court, 133 Fleet Street, London EC4A 2BB; by Goldman Sachs Canada, in connection with its distribution in Canada; in the United States
Page: HOUSE_OVERSIGHT_025694 →& Poor’s Financial Services LLC (“S&P”) and Dow Jones®, [DJIA®] [Dow Jones Industrial Average®] are trademarks of Dow Jones Trademark Holdings LLC (“Dow Jones”). The trademarks have been licensed to S&P Dow Jones Indices LLC and its affiliates and have been sublicensed for use for certain purposes by The Go
Page: HOUSE_OVERSIGHT_025697 →Entities connected to both Dow Jones and Goldman Sachs International

Jeffrey Epstein
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Paul Volcker
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Prince Andrew
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Bill Clinton
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Donald Trump
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JPMorgan Chase
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Richard Kahn
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United States
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George W. Bush
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Martha Stewart
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Barack Obama
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Bloomberg L.P.
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Alan Dershowitz
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Marc Rich
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Stephen Hawking
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United Kingdom
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Harvey Weinstein
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Morgan Stanley
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Joe Biden
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