Epstein Secrets

l a new surge in virus cases." Japan "is scaling back a contentious subsidy program designed to encourage domestic tourism and dining out," while in Seoul, "officials ordered bars and nightclubs to close and limited dine-in service at cafes and restaurants this week." Hong Kong "also closed bars and n

<https://www.nytimes.com/2020/11/24/us/politics/janet-yellen-treasury-biden.html> (11/24, Rappeport, Swanson, Tankersley, Smialek, 18.61M) says that Yellen will have "a critical role overseeing [Biden's] economic and national security agenda at an agency that has increasingly become a center of power,"

so said the stock market "is soaring on news that an official transition to...Biden is under way and that he's expected to nominate former Fed chief Janet Yellen for Treasury Secretary, proving President Trump's pre-election predictions wrong." The AP <https://apnews.corn/article/joe-biden-donald-trump-finan

l a new surge in virus cases." Japan "is scaling back a contentious subsidy program designed to encourage domestic tourism and dining out," while in Seoul, "officials ordered bars and nightclubs to close and limited dine-in service at cafes and restaurants this week." Hong Kong "also closed bars and n

o said the stock market "is soaring on news that an official transition to...Biden is under way and that he's expected to nominate former Fed chief Janet Yellen for Treasury Secretary, proving President Trump's pre-election predictions wrong." The AP (11/24, Veiga, Troise) similarly says investors "were enc

garnered new members; even Federal Reserve Chair Janet Yellen and Vice Chair Stanley Fischer have joined the fr

onetary policy poses to the business cycle, which is apparent in both its willingness to step back from planned rate hikes last year as well as Chair Yellen’s acknowledgment that an “abrupt tightening would risk disrupting financial markets and perhaps even inadvertently push the economy into recession.”!

in the United States by Goldman, Sachs & Co. lember FINRA/SIPC; in Hong Kong by Goldman Sachs (Asia} L.L.C.; in Korea by Goldman Sachs (Asia} L.L.C., Seoul Branch; in Japan by Goldman Sachs (Japan) Ltd; in Australia by Goldman Sachs Australia Pty Limited (ACN 092 589 770}: and in Singapore by Goldman Sac

ars have come out in force. While we agree that a changing Fed reaction function is likely not supportive of substantial equity upside, we think the “Yellen put” still exists, albeit with a lower strike. Hence, we see monetary policy as providing a near-term “collar” (long put/short call) on a US equity m

d communications due to tighter monetary conditions in the face of slowing US economic data, and risk asset bears responded in force, suggesting that Janet Yellen had “broken up” with investors and that it would be prudent to sell “before it’s too late”. We agree that the changing reaction function of the Fed

| atory Organization of Canada; Merrill Lynch (Mexico Lynch Argentina SA, regulated by Comisién Nacional ): Merrill Lynch International Incorporated (Seoul Br: ated by the Securities and Futures Bureau; DSP Merrill Lynch (Ind ch Sekuritas Indonesia, regulated by Otoritas Lynch Securities, Moscow, regulat