Epstein Secrets

2.9 3.9 2.8 2.4 Argentina 8.9 2.7 3.6 24 -32 &aid 2.7 1.4 4.1 OS IS Chie 6.0 5.4 4.5 5.1 7.1 Colombia 5.9 4.3 4.5 01 6.7 Ecuador 8.0 5.0 4.0 4.2 4.8 Mexico 3.9 3.9 3.6 41 3.5 Peru 6.9 6.0 7.0 13 60 Uruguay 5.7 3S 4.0 11.8 21 Venezuela 4.2 5.0 0.0 10.

Income Markets, Terry Belton and Srini Ramaswamy Global Fixed Income Markets, Pavan Wadhwa and Fabio Bassi Emerging Markets Outlook and Strategy. Joyce Chang Key trades and risk: Emerging Market Equity Strategy. Adrian Mowat et al. Flows and Liquidity, Nikos Panigirtaogtou et al. Description of YTD Cha

6 8.3 5.7 2.2 4.0 5.0 5.0 4.6 3.1 2.7 2.2 3.1 Colom0ia 5.9 3.2 1 4.0 1 5.3 -2.6 3.7 1 42 6.1 t 6.1 t 5.3 t 3.4 2.8 2.1 2.4 Ecuador 8.0 5.0 4.0 4.8 3.0 5.5 5.0 3.0 3.0 4.0 5.1 5.1 5.4 4.7 Mexico 3.9 3.9 3.6 3.3 1.8 2.3 3.9 4.5 4.6 4.0 3.9 4.4 4.1 3.5

ed Income Markets. Pavan Wadhwa. Matthew Jozolf, and Srini Ramaswamy Global Fixed Income Markets. Pam Bassi Emerging Markets Outlook and Strategy. Joyce Chang Key trades and risk: Emerging Marker Equity Strategy. Adrian Mowat el al. Flows and Liquidity. Nikes Panigirtzoglou et al. Description of YTD Cha

d Income Markets, Terry Belton and Srini Ramaswamy Global Fixed Income Markets, Pavan Wadhwa and Fabio Bassi Emerging Markets Outlook and Strategy, Joyce Chang Key trades and risk: Emerging Market Equity Strategy, Adrian Mowat et al. Flows and Liquidity, Nikos Panigirtzoglou et al. Description of YTD Chart

4 0.5 6 48 46 3.8 40 43 6.7 5.0 55 56 Chile 6.0 54 45 51 71 3.0 40 40 5.0 5.0 40 3.1 25 3.1 Colombia 5.9 43 45 0.9 67 28 3.8 42 53 55 3.9 34 3.1 3.2 Ecuador 8.0 5.0 40 42 48 3.0 55 5.0 3.0 3.0 55 51 54 54 Mexico 3.9 3.9 3.6 49 30 21+ 3.5 40 3.2 3.3 55 3.9 44 44 Peru 6.9 6.0 7.0 83 6.0 55 6.0 8.0 8.0 7.0 4

xed Income Markets, Pavan Wadhwa, Matthew Jozoff, and Srini Ramaswamy Global Fixed Income Markets, Fabio Bassi Emerging Markets Outlook and Strategy, Joyce Chang Key trades and risk: Emerging Market Equity Strategy, Adrian Mowat et al. Flows and Liquidity, Nikos Panigirtzoglou et al. Description of YTD Chart o

c Outlook Summary 2011 Real GDP % over a year ago 2012 2013 2014 3Q12 The Americas United States Canada Latin America Argentina Brazil Chile Colombia Ecuador Mexico Peru Uruguay Venezuela Asia/Pacific Japan Australia New Zealand Asia ex Japan China Hong Kong India Indonesia Korea Malaysia Philippines Singa