Epstein Secrets

.1% 120% Average 1.7% 81% EFTA00636006 Regards, Amanda Amanda Ens Director I Global Equities Bank of America Merrill Lynch Merrill Lynch, Pierce, Fenner & Smith Incorporated One Bryant Park 15th Floor I New York, NY 10036 Phone: Mobile: <image001.jpg> From: Ens, Amanda Sent: Thursday, February 02, 2017 6:46 PM To:

--The Fund Manager Survey highlights the first investor EM equity UW in 9 months, with a current allocation 1.1 st dev below its long term average (Hartnett) --HSCEI delta-adjusted open interest is currently at US $7bn. which is over 50% below the Sep-16 and Nov-16 highs while HSCEI was trading around c

_01327644 EFTA02350301 Average 1.7% 81% Regards, Amanda Amanda Ens Director I Global Equities Bank of America Merrill Lynch Merrill Lynch, Pierce, Fenner & Smith Incorporated One Bryant Park I 5th Floor I New York, NY 10036 Phone: 212.449.7781 Mobile: 917.386.3280 [email protected] <mailto:[email protected]> From:

--The Fund Manager Survey highlights the first investor EM equity UW in 9 months, with a current allocation 1.1 st dev below its long term average (Hartnett) --HSCEI delta-adjusted open interest is currently at US $7bn, which is over 50% below the Sep-16 and Nov-16 highs while HSCEI was trading around c

would vote to leave the EU and Donald Trump would win the US presidential election in 2016, least of all pollsters (and many in markets). As Michael Hartnett argues, the rise of populism can be linked to what he refers to as Peak Inequality and Peak Globalisation. Trump and the Brexit campaign tapped into

nch Global Research policies relating to conflicts of interest are described at http://go.bofa.com/coi. "BofA Merrill Lynch" includes Merrill Lynch, Pierce, Fenner & Smith Incorporated ("MLPF&S’) and its affiliates. Investors should contact their BofA Merrill Lynch representative or Merrill Lynch Global Wealth Management financial a

eas Quarterly Q1 Top 10 Ideas Strategy Top 10 US Ideas — 1Q17 The backdrop for risk assets has changed dramatically over the past year. As Michael Hartnett pointed out, 2016 saw global interest rates fall to 5,000-year lows and the likely end of what has been the greatest bull market in bonds ever. We ex

nch Global Research policies relating to conflicts of interest are described at http://go.bofa.com/coi. "BofA Merrill Lynch" includes Merrill Lynch, Pierce, Fenner & Smith Incorporated ("MLPF&S’) and its affiliates. Investors should contact their BofA Merrill Lynch representative or Merrill Lynch Global Wealth Management financial a