Epstein Secrets

ffect on MXN We provide an empirical analysis of Donald Trump’s effects on the Mexican peso. Our analysis suggest

d "Merrill Lynch" are each global brands for BofA Merrill Lynch Global Research. Information relating to Non-US affiliates of Bof

Unauthorized redistribution of this report is prohibited. This report is intended for [email protected] Liquid Insight Trump’s effect on MXN Key takeaways ¢ We provide an empirical analysis of Donald Trump's potential effects on the Mexican peso ¢ Our analysis suggests t

ohibited. This report is intended for [email protected] Liquid Insight Trump’s effect on MXN Key takeaways ¢ We provide an empirical analysis of Donald Trump's potential effects on the Mexican peso ¢ Our analysis suggests the exchange rate is perhaps as much as 15% undervalued « We remain neutral for now g

long term. Since the presidential election, the ’trump tax rally’ that has arguably lifted the broader S

"Merrill Lynch" are each global brands for BofA Merrill Lynch Global Research. Information relating to Non-US affiliates of Bof

"Merrill Lynch’ are each global brands for BofA Merrill Lynch Global Research. Information relating to Non-US affiliates of Bof

west footprint with its low unemployment and a strong manufacturing base. While commenting on the potential for relief coming out of DC under the new Trump administration, management noted that shortage of skilled workers was probably the biggest issue impeding businesses in its footprint versus higher t

_OVERSIGHT_014364 --- PAGE BREAK --- proposals. Mr. Trump and congress could also ultimately defer to the S

ch. Daily data from 2-Jun-08 to 5-Jun-17. Source: BofA Merril Lynch Global Research. Data as of 5Jun-17 Enel stock attractive vs cre

r- end target of 2.85% for the 10y rate (just above the median forecast). Long-term rates have remained low due to uncertainty around Fiscal policy (Trump’s plans on infrastructure spending), subdued inflation expectations and a slower than expected Fed hiking cycle. On the other hand, a near full-emplo