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®, | Lynch clients and may not be redistributed, Lynch Global Research reports are distributed horized use or disclosure
BofA ML turned neutral in EM in the short-term Close positions from trades that have benefited thus far from the rally in Financials and weakness in Utilities; monetize view that Fed will not hike in September Take advantage of low near term vol and a steep term structure Unwind Oct/Jan spread and maintai
Page: HOUSE_OVERSIGHT_014994 →Quantitative Analysis
s®, | Lynch clients and may not be redistributed, Lynch Global Research reports are distributed horized use or disclosur
ould be able to retain half of the benefit ($8) and the remainder would be passed on to customers or competed away. For instance, a lasting impact to Utilities’ profits is unlikely, as the benefit would be passed on via regulated pricing. Repatriation: Buybacks could boost EPS by 3% Both Trump and the Blue
Page: HOUSE_OVERSIGHT_023069 →up 6.75% on the back of a strong seasonal rally errill Lynch Global Research. Prices reflective of most recently available dat
BofA ML turned neutral in EM in the short-term Close positions from trades that have benefited thus far from the rally in Financials and weakness in Utilities; monetize view that Fed will not hike in September Take advantage of low near term vol and a steep term structure Unwind Oct/Jan spread and maintai
Page: HOUSE_OVERSIGHT_023599 →Entities connected to both BofA Merrill Lynch Global Credit Research and Utilities

Jeffrey Epstein
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Telstra
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Donald Trump
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Bill Clinton
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Bloomberg L.P.
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United States
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Bank of America
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United Kingdom
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Health Care
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U.S. Treasury
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Merrill Lynch
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Marc Rich
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Frankfurt
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Michael Bloomberg
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ORGANIZATIONthe Securities and Futures Bureau
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Philippines
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