Epstein Secrets

r Cross Asset year ahead you needed not so much a crystal ball as a time machine to have got things completely right this year. Aside from Brexit and Donald Trump winning the US election it is easy to forget that in February we were worrying about a US recession and deflation. US 5Y5Y forward breakeven inflatio

ed at 1.8% at that point. Four months later we were worrying about the deflationary impact of Brexit. Now we are thinking about the reflation under a Trump Presidency. Chart 9: US 5Y5Y forward inflation troughed in February Chart 10: At the same time as Basic Resources 3.3 17 34 45 —— Stoxx Basic Resour

l Lynch HOUSE_OVERSIGHT_014469 --- PAGE BREAK --- ae — a return to positive EPS growth in 201 7% EPS growth in 2017 as global growth improves and Resources EPS recovers We think the earnings backdrop will be supportive in 2017 with a return to positive EPS growth in Europe for the first time since 2014 a

hen talking to students. I was also told by human resources that because it was decided to handle this inform

mpaign and are a vocal critic of President Donald Trump. You also make regular public appearances across

ng public intellectuals. You served on the science policy committee for Barack Obama's 2008 presidential campaign and are a vocal critic of President Donald Trump. You also make regular public appearances across the world, often at gatherings of skeptics and atheists. HOUSE_OVERSIGHT_031275 --- PAGE BREAK ---

hen talking to students. I was also told by human resources that because it was decided to handle this inform

public intellectuals. • You served on the science policy committee for Barack Obama's 2008 presidential campaign and are a vocal critic of President Donald Trump. You also make regular public appearances across the world, often at gatherings of skeptics and atheists. At CSICon in Las Vegas in October, a few do

mpaign and are a vocal critic of President Donald Trump. You also make regular public appearances across