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ound the lending outlook given fairly healthy tourism activity. Management noted that while a de-emphasis on the Pacific Alliance, a priority for the Obama administration, was not a positive development, it remained fairly confident that strong military spending should continue to serve as a tailwind to
Page: HOUSE_OVERSIGHT_014326 →hat SEC Chairwoman White will leave at the end of President Obama’s term, this will likely lead to some regulatory
Page: HOUSE_OVERSIGHT_014363 →ts. | 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 advisor if they have questions concerning this report. "BofA Merrill Lynch” and "Merrill Lynch’ are each global brands for BofA Merrill Ly
Page: HOUSE_OVERSIGHT_014394 →Trump and his aides have made it clear that they consider the Trans Pacific Partnership (TPP) to be a “bad deal.” Media have reported that President Obama is not considering pushing the deal through a lame duck Congress. This means the deal is likely dead in its current form. While negative for Japan,
Page: HOUSE_OVERSIGHT_014419 →TPP) to be a “bad deal.” Media have reported that President Obama is not considering pushing the deal through a lam
Page: HOUSE_OVERSIGHT_014419 →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 advisor if they have questions concerning this report. "BofA Merrill Lynch” and "Merrill Lynch" are each global brands for BofA Merrill Lyn
Page: HOUSE_OVERSIGHT_014422 →ontact their BofA Merrill Lynch representative or Merrill Lynch Financial Global Wealth Management financial advisor for information relating to fix
e current and future US administration foreign policy inclinations, in our view. Separately, we note that the White House spokesman said US President Obama did not support the legislation and likely would not sign it. (A potential presidential veto may however still be overruled if Congress assembles the
Page: HOUSE_OVERSIGHT_016118 →y, we note that the White House spokesman said US President Obama did not support the legislation and likely would
Page: HOUSE_OVERSIGHT_016118 →8 occurring in the last two election cycles alone (see Chart 14). Hence, investors who believe this /s not your typical election (to quote President Obama at the latest Democratic National Convention) may still find that option markets are currently pricing too little of a move. However, as we have rec
Page: HOUSE_OVERSIGHT_025985 →lieve this /s not your typical election (to quote President Obama at the latest Democratic National Convention) may
Page: HOUSE_OVERSIGHT_025985 →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 advisor if they have questions concerning this report. "BofA Merrill Lynch" and "Merrill Lynch" are each global brands for BofA Merrill Lyn
Page: HOUSE_OVERSIGHT_026002 →renegotiate NAFTA or withdraw from the deal under Article 2205 Done | will announce our withdrawal from the Trans-Pacific Partnership. Done Lift the Obama-Clinton roadblocks and allow vital energy infrastructure projects, like the Keystone Pipeline, to move forward. Done Begin the process of selecting a
Page: HOUSE_OVERSIGHT_014724 →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 advisor if they have questions concerning this report. "BofA Merrill Lynch” and "Merrill Lynch” are each global brands for BofA Merrill Lyn
Page: HOUSE_OVERSIGHT_014729 →Entities connected to both Merrill Lynch Global Wealth Management and Barack Obama

Jeffrey Epstein
PERSON
Bill Clinton
PERSON
George W. Bush
PERSON
Donald Trump
PERSON
United States
LOCATION
Marc Rich
PERSON
Bloomberg L.P.
ORGANIZATION
Paul Ryan
PERSON
Middle East
LOCATIONDoug Band
PERSON
Puerto Rico
LOCATION
United Kingdom
LOCATION
U.S. Treasury
ORGANIZATION
Angela Merkel
PERSON
Bahrain
LOCATION
Xi Jinping
PERSON
Philippines
LOCATION
Hong Kong
LOCATION
Michael Bloomberg
PERSON
Richard Kahn
PERSON