Epstein Secrets

EU leaders meeting to finalize a deal March 1 - 30 Central Bank meetings in Brazil, Mexico, Norway, Indonesia, India, Taiwan, Korea, etc Source:. Morgan Prrvate Bank Instead of the traditional EoTM commentary, this week I wanted to share some charts on oil, Europe, equity markets and monetary policy that speak

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ar or two. Free money period gradually coming to an end Policy rates adjusted for inflation, percent 8% -6% '00 '01 '02 '03 '04 '05 Source:M. Morgan Securities LLC. Evidence of China's slow-down Percent change - yoy 32% DM countries 27% EM countries '06 '07 t8 '09 '10 'II Fed tightening periods Fed

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CFA AC (1-212) 622-5676 Bloomberg JPMA SCHOTT <GO' Jessica Fye (1-212) 622-4165 Wendy L Lin (t-212) 622-5350 Dana C Flanders (1-212)622-1256 M. Morgan Securities LLC Mee Porlomanee EN a Mn arg D1411 Neu Am. — MOM snare Moo ON $19500 0.0*INO YID lm 3m 12m Ate I l5.7% -0.5% 1.6% 19.6% Rel I 11.6% .21

on risk disclosure documents. For a copy of the Option Clearing Co ration's Characteristics and Risks of Standardized Options. please contact your Morgan Representative or visit the OCC's website at Legal Entities Disclosures US.: JPMS is a member of NYSE, FINFtA, SIPC and the NFA. JPMorgan Chase Bank, M . is a

(1-212)622-5676 Bloomberg JPMA SCHOTT <GO, Aditl Singhania, PhD (1-212)622-1267 Wendy L Lin (1-212)622-5350 Dana Flanders, CFA (1-212)622-1256 M. Morgan Securities LLC BMY, BMY US Overweight Price: 660.05 01 October 2015 MRK. MRK US Ovenveighl Price: 549.37 01 October 2015 See page 2 for analyst certificati