Epstein Secrets

nill Lynch (Australia): Mernll Lynch Equities (Australia) Limited, regulated by the Australian Securities and Investments Convnission; Merrill Lynch (Hang Kong): Merrill Lynch (Asia Pacific) limited, regulated by the Hong Kong Securities and Futures Commission (HKSFCJ; Meml Lynch (Singapore): Merrill Lynch

balances point to deficits of 210 kbd in 2017 and 90 kbd in 2018. We lower our WTI forecasts to average $47 this year and $50.bbl next year. We cut Brent to $50 this year and $52bbl in 2018. We now beleve oil stays in contango by yearend. but see a WTI forward anchor al $45.50 and S5 backwardation by

looking at relative valuations, outflows have overshot what is a relatively benign valuation picture for US stocks. Using the average P/E ratio of Hong Kong and UK stocks as a global proxy, we find that valuations are close to the medium-term average (chart 3). The odds therefore seem skewed towards hig

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over- year in May due to successful strategies during the Golden Week and Mother’s Day holidays. After the NKY, last week’s second biggest gainer was Hong Kong’s HSI, which added 1.1%. The leading name in the index was Geely Automobile Holdings (175 Hk), which jumped 19.8% week-over-week in response to optimis

0/110% corridor variance Buy NKY Jun17-Jun18 18,500 strike FVA Long Russell 2000 vs. short S&P 500 Dec-18 var spread Buy 1x Jun17 64 call on Aug17 Brent futures, sell 1x SXEP Jun17 330 call Buy SPX 6m ATM call contingent on GLD 5% higher in 3m Long NKY - SPX Dec-18 corridor var replication Buy NDX To