📄 Extracted Text (116 words)
From: Gianni Serazzi
Sent: Saturday, August 8, 2015 7:02 AM
To: Jeffrey Epstein
Subject: Markets
Spoke yesterday with CFO of us company that studied with me. Public 5b valu=tion.
Confirmed worry mentioned a few months ago.=As the rates go up they will have to slow down buybacks. Even a little
slo=down of bb in a situation with high dollar, slow growth =omestic and where costs and investments have already
been reduced they fea= will have a 10-20% impact on stock. Moreover many times because of how ma=kets are these
are self fulfilling prophecies.
<=iv>The leverage squeeze already started in emerging markets (-20%) and wer= stopped momentarily in Europe by
local QE.
=/div>
Ciao
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EFTA_R1_01312303
EFTA02343813
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