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A Merrill Lynch Investment rating Company ticker Bloomberg symbol Analyst BUY Affiliated Mgrs. AMG AMG US M
06872E and 198602883D respectively}. MLIBLMB and Me errill Lynch Equities (Australia) the Corporations Act 2001. With the
is starting to approach silver 300% 250% 200% 150% 100% 50% 0% 3M-rolling annualized stdev of daily returns -Silver —Sltcoln —Gold Source Blomberg BoWAMm11 Lynch Gbbal Research A wide array of risks obscure the future of cryptocurrencles When examining the safety of any asset, volatility is no
Merrill Lynch (Seoul": Merrill Lynch International Incorporated (Seoul Branch) regulated by the Financial Supervisory Service, Memll Lynch (Taiwan). Merrill Lynch Securities (Taiwan) Ltd., regulated by the Securities and Futures Bureau; OSP Merrill Lynch (India): DSP Merrill Lynch limited, regulated by the Securities and
RHS) Source: BofA Merrill Lynch Global Research, Bloomberg Source: BofA Merrill Lynch Global Research, Bloom
errill Lynch (Seoul): Merrill Lynch International Incorporated (Seoul Branch) regulated by the Financial Supervisory Service; Merrill Lynch (Taiwan): Merrill Lynch Securities (Taiwan) Ltd., regulated by the Securities and Futures Bureau; DSP Merrill Lynch (India): DSP Merrill Lynch Limited, regulated by the Securities and
Page: HOUSE_OVERSIGHT_014429 →Quantitative Analysis
0.1 0.1 0.1 Utilities 0.2 0.2 0.2 0.2 S&P 500 ex. Financials & Real Estate 117.0 102.4 78.3 68.5 S&P 500 GAAP EPS impact ($9) ($8) Source: FactSet, Blaomberg, BofAML Global Research estimates, BofA Merrill Lynch US Equity & US Quant Strategy We estimate share buybacks add $4 (or as high as $6) to EPS (GAA
Page: HOUSE_OVERSIGHT_023079 →errill Lynch (Seoul): Merrill Lynch International Incorporated (Seoul Branch) regulated by the Financial Supervisory Service; Merrill Lynch (Taiwan): Merrill Lynch Securities (Taiwan) Ltd., regulated by the Securities and Futures Bureau; DSP Merrill Lynch (India): DSP Merrill Lynch Limited, regulated by the Securities and
Page: HOUSE_OVERSIGHT_023094 →Entities connected to both Michael Bloomberg and Merrill Lynch Securities

Donald Trump
PERSON
United Kingdom
LOCATION
Merrill Lynch
ORGANIZATION
Frankfurt
LOCATION
U.S. Treasury
ORGANIZATION
Bank of America
ORGANIZATION
Seoul
LOCATIONthe Dubai Financial Services Authority
ORGANIZATIONMerchant Bank
ORGANIZATION
the Financial Services Agency
ORGANIZATION
Merrill Lynch Global Wealth Management
ORGANIZATIONthe Prudential Regulation Authority
ORGANIZATIONThe Financial Service Board
ORGANIZATIONPierce, Fenner & Smith Incorporated
ORGANIZATIONOtoritas Jasa Keuangan
ORGANIZATION
Bank of America Corporation
ORGANIZATIONMerrill Lynch International Bank Limited
ORGANIZATION
North America
LOCATIONThe Monetary Authority of Singapore
ORGANIZATIONMerrill Lynch Canada Inc
ORGANIZATION