Epstein Secrets

of democratic renewal even in deeply troubled societies. The events of late 2014 and 2015 include vivid re- minders of the power of the ballot. In Nigeria, Africa's most populous country and largest economy, voters who were fed up with governmental complacency, terrorism, and graft rejected the incum

also extends special thanks to Elen Aghekyan, Tyler Roylance, Alexandra Cain. Danielle Recanati, Amy Slipowitz, Alan Williams. Christopher Walker, Bret Nelson. Michael Johnson, Rebeka Foley. Zselyke Csaky. Sarah Repucci, Vanessa Tucker. Robert Ruby, and Daniel Calingaert. THE AUTHOR Arch Puddington is Di

January 2017 HOUSE_OVERSIGHT_014532 --- PAGE BREAK --- Sharmin Mossavar-Rahmani Chief Investment Officer Investment Strategy Group Goldman Sachs Brett Nelson Head of Tactical Asset Allocation Investment Strategy Group Goldman Sachs Additional Contributors from the Investment Strategy Group: Matthew Weir

November 2016 OPEC Meeting 12 m November 2016 Agreed Cut 1.0 0.8 0.6 0.4 0.2 0.0 -0.2 -0.4 ran raq Libya UAE Total Algeria Angola Ecuador Kuwait Nigeria Qatar Saudi Venezuela Data as of November 30, 2016. Source: Investment Strategy Group, Bloomberg, OPEC. Exhibit 97: US Energy Sector Ratio of Capit

f average global demand growth— they are largely a reversal of production growth seen over the last six months (see Exhibit 96). Meanwhile, Libya and Nigeria were excluded from these new OPEC quotas given sizable domestic disruptions that have depressed their production. Recent signs of improvement, howeve

or also extends special thanks to Elen Aghekyan, Tyler Roylance, Alexandra Cain, Danielle Recanati, Amy Slipowitz, Alan Williams, Christopher Walker, Bret Nelson, Michael Johnson, Rebeka Foley, Zselyke Csaky, Sarah Repucci, Vanessa Tucker, Robert Ruby, and Daniel Calingaert. THE AUTHOR Arch Puddington is Di

t of democratic renewal even in deeply troubled societies. The events of late 2014 and 2015 include vivid re- minders of the power of the ballot. In Nigeria, Africa's most populous country and largest economy, voters who were fed up with governmental complacency, terrorism, and graft rejected the incumben