Epstein Index›Documents›EFTA02572697
💨IMPACT LEVEL 1 — MEH

Epstein File EFTA02572697: Privilege, Driver and Forced (DS11)

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This document contains economic analysis discussing manufacturing rebound drivers, emerging market (EM) versus developed market (DM) valuations, and revised growth expectations. The excerpt references forced downward revisions to consensus growth projections for emerging markets. Standard confidentiality and legal privilege notices are included.

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Excerpt 1
and conditi=ns including on offers for the purchase or sale of securities, accuracy an= completeness of information, viruses, confidentiality, legal **privilege**
Excerpt 2
This is because the **driver** of this manufactur=ng rebound emanates from within DM rather than EM. * Are depressed valuations a good reason =0 buy EM equities
Excerpt 3
The rationale has be=n predominantly fundamental in that we and the consensus have been **forced** =0 steadily lower our growth expectations in EM, outright

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