Epstein Secrets

ntinues to tighten; the small miss in claims is largely explained by Puerto Rico. ■ Chinese trade growth moderated; deals announced during President Trump's visit are unlikely to reduce trade deficit. ■ Eurozone data came in mixed relative to consensus expectations, but still points to above-trend grow

se trade growth moderated; deals announced during President Trump's visit are unlikely to reduce trade deficit. ■

rowth moderated; deals announced during President Trump's visit are unlikely to reduce trade deficit. ■ Eu

■ Cryptocurrency proposals are being considered by several central banks, including Singapore's MAS, China's PBOC, Russia's Central Bank, Sweden's Riksbank and Ecuador's Banco Central. ■ A successful central bank cryptocurrency could substantially reduce fraud and tax evasion. Source: Investment Strate

e trends, starts others In the three weeks since Donald Trump’s election victory global markets have seen some dr

Global Cross Asset Strategy —- Year Ahead Bankof America The Trump inflection ape ce Investment Strategy 30 November 2016 Corrected Key takeaways ee « Market response to Trump is logical but moves have been frontlo

am Page for Full List of Contributors 10Y real rates. CNH a hedge vs trade risk. Trump extends some trends, starts others In the three weeks since Donald Trump’s election victory global markets have seen some dramatic moves. Som1e of those moves are extending trends that had already started — higher yields, hi

ion/rates inconsistent. ¢ Long RUB/ZAR (positive on oil, cautious on S African politics). ¢ Short EUR/SEK, strong Swedish growth, limiting room for Riksbank easing. Current trade recommendations 2 Global Cross Asset Strategy - Year Ahead | 30 November 2016 BankofAmerica <2” Merrill Lynch HOUSE_OVERSIG

. = Cryptocurrency proposals are being considered by several central banks, including Singapore’s MAS, China’s PBOC, Russia’s Central Bank, Sweden’s Riksbank and Ecuador’s Banco Central. = A successful central bank cryptocurrency could substantially reduce fraud and tax evasion. 23 HOUSE_OVERSIGHT_025686

ontinues to tighten; the small miss in claims is largely explained by Puerto Rico. = Chinese trade growth moderated; deals announced during President Trump’s visit are unlikely to reduce trade deficit. = Eurozone data came in mixed relative to consensus expectations, but still points to above-trend grow

se trade growth moderated; deals announced during President Trump’s visit are unlikely to reduce trade deficit. =