Epstein Secrets

hter budget Leading European Sectors: Healthcare +0.47`1/0, Food/Bev +0.22%, Media +0.01% Lagging European Sectors: Insurance -1.74%, Banks -1.72%, Utilities -1.08% VZ expects lower 2012 capex — ACIW reaffirms forecast — BRKS guides down CBOU penny better — BXP 18% dividend increase — EGOV penny light D

its 28nm process DigiTimes Key Events Next Week Sunday: Greece budget vote in Parliament Monday: US Bond Market & Banks Closed for Veteran's Day, Eurogroup meeting in Brussels, William Blair Healthcare Conference, Earnings (DHI, JEC, CSOD) Tuesday: NFIB Small Business Optimism Index, Bofa Banking & Fin

ortuguese default; a Greek euro exit; or a major external growth shock. Return to macro stability Key dates 5 July ECB press conference 9-10 July Eurogroup/ECOFIN-Meeting 24 July Eurozone purchasing manager indices (PMI), July estimates 36 UBS Bottoming in Eurozone leading indicators (PMI) in June? 6

preferred cyclical sectors. We also like Energy. e We are cautious on Materials, where we expect margin pressure to continue, as well as Telecom and Utilities, due to high valuations. Strategic (1 to 2 years) °¢ We like medium-sized US companies, which should benefit from robust earnings growth in the lon

ult; a Greek euro exit before the end of 2012; or a major external shock. Key dates TBD Troika report on Greece 8 Nov ECB press conference 12 Nov Eurogroup meeting 15 Nov Eurozone GDP 3Q: first estimate 22 Nov Eurozone composite purchasing managers index 22-23 Nov European Council 2 UBS Purchasing ma

arnings growth. Our sector stance in the US Sectors Consumer Discretionary Consumer Staples Energy Financials T Healthcare ndustrials Telecom Utilities aterials Viclelulsalel vy) vial ws Source: UBS Note: Past performance is not an indication of future returns. For further information please con