Documents tagged "Union"
Found 22 documents with this tag
HOUSE_OVERSIGHT_025041.txt
This document is an email from Jeffrey Epstein to Larry Summers with a forwarded article from The Washington Post discussing the second-term agenda of President Obama during his State of the Union address. The article focuses on two key domestic concerns: slow economic growth and the long-term threat to prosperity posed by the structural mismatch between federal government's projected revenue and spending commitments.
HOUSE_OVERSIGHT_014972.txt
The document discusses equity volatility insights with a focus on the European Union and United States' equity markets. It suggests monetizing correlation through EU bank dispersion and extracting alpha from summer SPX range as policy and positioning create a "collar" equities. The report also recommends buying in-the-money down and out puts on the S&P, and position for greater dispersion in EU bank sector returns by buying a Dec17 call on an equally-weighted basket of Santander, BNP, ING, Intesa, and Deutsche Bank while selling worst-of calls. The report emphasizes that monetary policy is likely not supportive of substantial equity upside but the "Yellen put" still exists with a lower strike.