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Investment Strategy
. That should be the edge you have at looking across the range of asset classes compared to single asset class investors. We would like to thank our BofAML colleagues who have supported our product this year by providing many such ideas and trust they will continue to do so through 2017. Bankof America
Page: HOUSE_OVERSIGHT_014434 →ector, region or other classification(s). A stock’s coverage cluster is included in the most recent BofA Merrill Lynch report referencing the stock. BofA Merrill Lynch Research Personnel (including the analyst(s) responsible for this report) receive compensation based upon, among other factors, the overall profitability of Bank of Ame
Page: HOUSE_OVERSIGHT_014457 →ound 3% in 2017 and 3.5% in 2018. That in turn would mean a more aggressive Fed and in all likelihood a bigger rise in yields and the USD. Chart 15: BofAML sees GDP accelerating into 2018... Chart 16: ...with inflation picking up too m Global GDP growth % m DM GDP growth % m EM GDP growth % m Global CPI
Page: HOUSE_OVERSIGHT_014466 →ector, region or other classification(s). A stock’s coverage cluster is included in the most recent BofA Merrill Lynch report referencing the stock. BofA Merrill Lynch Research Personnel (including the analyst(s) responsible for this report) receive compensation based upon, among other factors, the overall profitability of Bank of Ame
Page: HOUSE_OVERSIGHT_014496 →calendar-specific events noted for most stocks. We constructed our list by canvassing BofAML Fundamental Equity Research analysts in order to find 10 BofAML-covered stocks which we think will significantly outperform or underperform peers during the quarter. We considered only Buy-rated names for outperfo
Page: HOUSE_OVERSIGHT_014623 →tes: Aetna Inc, Consolidated Edison, Dover Corp, General Dynamics, Hess, MGM Resorts, Norfolk Southern, SVB Financial, Texas Instrument, TripAdvisor. BofA Merrill Lynch Research Personnel (including the analyst(s) responsible for this report) receive compensation based upon, among other factors, the overall profitability of Bank of Ame
Page: HOUSE_OVERSIGHT_014650 →Entities connected to both BofAML and BofA Merrill Lynch Research Personnel

Merrill Lynch
ORGANIZATION
Bank of America
ORGANIZATIONBank of America Merrill Lynch International Limited
ORGANIZATIONMerrill Lynch International Bank Limited
ORGANIZATIONThe Financial Service Board
ORGANIZATIONMerchant Bank
ORGANIZATIONMerrill Lynch KSA Company
ORGANIZATION
Donald Trump
PERSONMerrill Lynch Canada Inc
ORGANIZATION
United Kingdom
LOCATION
the Financial Services Agency
ORGANIZATION
Seoul
LOCATIONPierce, Fenner & Smith Incorporated
ORGANIZATION
Merrill Lynch Global Wealth Management
ORGANIZATIONBaFin
ORGANIZATION
Michael Bloomberg
PERSONMerrill Lynch International
ORGANIZATIONthe Central Bank of Ireland
ORGANIZATIONthe Dubai Financial Services Authority
ORGANIZATION
Bank of America Corporation
ORGANIZATION