From: "Jeffrey E." [email protected]>

From: "Jeffrey E." [email protected]> To: Jonathan Farkas Subject: Re: Re: Re: Date: Wed, 10 Jan 2018 14:11:32 +0000 yikes On Wed, Jan 10, 2018 at 6:46 AM, Jonathan Farkas <MI > wrote: but bonds will compete of course the amount of stock is at a percentage low from buy backs and takeovers.anyway would be great to see you in PB I aint getting any youngre and its nice to see old friends before you cantremember the Ides of january plus 5 jf In a message dated 1/10/2018 6:40:09 AM Eastern Standard Time, [email protected] writes: no , markets will continue upward. s000 much cash, On Wed, Jan 10, 2018 at 6:37 AM, Jonathan Farkas -Ma> wrote: then markets must fall and we are enetering the 70s correct .you called the bottom of the markets in 1982 ,your quote in 1982 was you will never see 1000 on the dow again in your lifetime.you would have gotten a Nobel prize for that call In a message dated 1/10/2018 6:31:28 AM Eastern Standard Time, [email protected] writes: interest rates have to rise On Wed, Jan 10, 2018 at 6:24 AM, Jonathan Farkas <Ma> wrote: Hi Old man i will be down in pb this weekend ,are you there? I am watching the 10 year and this could be a false breakout or lift off i am not sure technology should be keeping inflation down.but the lower end of the work chain construction etc are seeing positive wage pressure so it looks like inflation could be real.what do you think?if it is a cycle change the markets will have to react ,and the Chinese not wanting to invest in our treasuries is an interesting tell best jf please note The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of JEE Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to [email protected], and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved EFTA00911220 please note The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of JEE Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to [email protected], and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved please note The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of JEE Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to [email protected], and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved EFTA00911221