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EFTA Document EFTA01451126Case File
efta-efta01451126DOJ Data Set 10CorrespondenceEFTA Document EFTA01451126
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(4) Bullish European Recovery. Note: Periphery spreads have collapsed, favor equity and real assets.
Bullish SMID cap equities. Bullish Germany (DAX 11,000)
(5) Bullish USD. Bearish Euro. The year it finally fumbles
(6) Rates — Syr part of the curve should sell off further, short end stays anchored through mid 2015, back
end has steepened/fairly valued at present.
(7) Inflation — upside risk to inflation long-term given the Fed's tolerance for inflation short-term and the
sheer magnitude of liquidity in the system.
III. JE DB Account Summary (Tazia)
IV. JE Position Review Ninit & Tazia)
V. Reccomendations
(1) 10yr USDcJPYp 85 strike, 90 KO
(2) DBUUPPN Index - 13mo Call option
(3) Gymboree (GYMB) 9.125% '28 at - 94.625 (10.5%)
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e)
DB-SDNY-0 107356
CONFIDENTIAL
SDNY_GM_00253540
EFTA01451126
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