EFTA01475183Set 10
2015-09-1139p5,938w
forecasts)
2015
1
2
3
4
5
6
7
8
9
Source: IMF, Haver, Bloomberg Finance LP, Deutsche Bank
Figure 2: Even as EM growth continued slowing, DM growth ... EFTA01475190
7
9
Weights using PPP exchange rates
Source: IMF, Haver, Deutsche Bank
Page 4
Deutsche Bank Securities ... Weights using PPP exchange rates
Source: IMF, Haver, Deutsche Bank
Figure 4: The conventional method of aggregating global GDP employs PPP
exchange rates which tend to be systematically higher than
https://www.justice.gov/epstein/files/DataSet%2010/EFTA01475183.pdf
EFTA01475956Set 10
2015-12-08298p51,111w
growth
Forecasts
World
Advanced economies
Emerging economies
Note: Trend period: 1995:2017
Source: IMF, Haver Analytics LP, Deutsche Bank Research
Page 6
Deutsche Bank AG/London ... World
Advanced economies
Emerging economies
Note: Trend period: 2000-:2017
Source: IMF, Haver Analytics LP, Deutsche Bank Research
Page 8
Deutsche Bank AG/London ... Note: Regional data weighted by 2014 nominal USD goods and
services exports.
Source: Haver Analytics LP, Deutsche Bank Research
%yoy
Latam (lhs)
US&EU GDP (rhs)
%yoy
-6
-4
EFTA01475987
https://www.justice.gov/epstein/files/DataSet%2010/EFTA01475956.pdf
EFTA01476261Set 10
2015-12-0942p6,786w
Source: ECB, SRB, NB, RBA, Haver Analytics, Deutsche Bank Research
Rising real wages incentivise firms to invest, leading to higher
productivity growth; we should see this in the coming years ... wage growth is
employment cost index compensation minus core PCE inflation
Source: BLS, BEA, Haver Analytics, Deutsche Bank Research
Research
Deutsche Bank
thehouseview@list.db.com http://houseview.research.db.com
TheHouseView Special — 9 December ... reinvestment of maturing assets
$tn
0
1
2
3
4
5
Source: Haver Analytics, Deutsche Bank Research
MBS
Other
Treasuries
A wave of maturities from the Fed's portfolio could
https://www.justice.gov/epstein/files/DataSet%2010/EFTA01476261.pdf
EFTA01077755Set 9
22p12,833w
Morgan Securities LLC, Bloomberg, November 2011
2011
(c19) Statistical Office of the European Communities, Haver (c62) J.P. Morgan Private Bank, November 2011
Analytics, Q2 2011
(c20) IMF, November ... Morgan Private Bank, August 2011 (c75) Institute Nacional de Estadistica, Haver Analytics, October 2011
(c33) US Treasury, BEA, December 2011 (c76) Oficemen, October 2011
(e34) J.P. Morgan Securities ... October 2011
(c35) FRB, US Treasury, November 2011 (c78) Institute Nacional de Estadistica, Haver Analytics, Q3 2011
(c36) FRB, US Treasury, November 2011 (c79) Austerity and Anarchy Budget Cuts
https://www.justice.gov/epstein/files/DataSet%209/EFTA01077755.pdf
EFTA01070751Set 9
5p3,902w
Global GDP growth 1998 2000 2002 2004 2006 2008 2010 2012
Source: Bloomberg, OECD, Haver, J.P. Morgan Securities, LLC, J PMAM.
For 2012, Equity return is from 12/31 ... Source: JPMAM. Haver. Source: National central banks.JPMAM.
2
EFTA01070752
Eye on the Market I September 4.2012 J.P. Morgan
How investors have been rewarded (so far) by assuming Europe will monetize
https://www.justice.gov/epstein/files/DataSet%209/EFTA01070751.pdf
EFTA01180916Set 9
2012-09-046p3,821w
Annual GlobalGDPgrowth 251996 ice 2002 2004 2006 2008 2010 2012
Source: Bloomberg. OECD, Haver. J.P. Mown Securities, IJ_C.JPMAM.
For 2012. Equity return is from 12/31 to N/30; GDP is1H annualized ... Source: JPMAki, Haver. Source: Nations central bans. JPMAM.
Here's another look at how EU financial integration is being unwound: cross-border lending within the Eurozone is
collapsing
https://www.justice.gov/epstein/files/DataSet%209/EFTA01180916.pdf
EFTA01781563Set 10
2015-05-123p540w
jeevacation@gmail.com
Subject: Re:
I actually really not ok, will haver somebody tell u... Feel better urself
Sent from AOL Mobile Mail
On Tuesday, May 12, 2015, jeffrey E. <jeevacation@gmail.com <mailto
https://www.justice.gov/epstein/files/DataSet%2010/EFTA01781563.pdf