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File 033316

Email from Robert Trivers Regarding Trump Trade Policy and Investment Strategy (File 033314)

Email correspondence from Robert Trivers to Jeffrey Epstein discussing divergent views on Trump's trade policy, its economic impact, and implications for investment portfolio performance.

Summary

Robert Trivers emails Jeffrey Epstein on June 28, 2018, expressing disagreement over Trump's trade war policies, which economists predict will cost the world 2-3% of GDP. Trivers suggests the economic volatility ('perturbations') could benefit sophisticated investors like Epstein who can quickly anticipate and act on tariff-driven market movements. He contrasts this with TIA-CRF's investment strategy, noting it performs below average during market turbulence due to slow portfolio adjustments.

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