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ives were hitting record over bought signals with Financials and Cyclicals seeing the opposite. Against the ba
uct Authority (FCA) and the Prudential Regulation Authority PRA); Merrill Lynch (Australia): Merrill Lynch Equities (Australia) Limited, regulated by the Australian Securities and Investments Commission; Merrill Lynch (Hong Kong): Merrill Lynch (Asia Pacific) Limited, regulated by the Hong Kong Securities and Futures Commission (HKSFC); Merrill Lynch
Page: HOUSE_OVERSIGHT_014496 →Quantitative Analysis
ritten that US corporates in aggregate (including Financials) hold ~$2tn in cash overseas, and their work sugg
uct Authority (FCA) and the Prudential Regulation Authority PRA); Merrill Lynch (Australia): Merrill Lynch Equities (Australia) Limited, regulated by the Australian Securities and Investments Commission; Merrill Lynch (Hong Kong): Merrill Lynch (Asia Pacific) Limited, regulated by the Hong Kong Securities and Futures Commission (HKSFC); Merrill Lynch
Page: HOUSE_OVERSIGHT_023094 →mended in this report and should unders iates in the ian Securities and Investments Commission; Merrill Lynch (Hong Kong): Merri na): Lynch (Seo
N s+ ico} [o>} Lop} 12>} Lo>} Lop} Q Q Q OQ OQ = =— mm = Oo Oo oO Oo Oo Qo Qo Q QoQ Q Q Q Q ~~ — ~~ _ = —N N N N N N N N N 0 85 25885852825 mum Tech (MO Financials oo nk? i > > > 2 > = ~~ ) Discretionary (QW Industrials TONNE NNN NN NN i Staples GE Energy ems |_argest sector weight in the S&P500 = === Current =
Page: HOUSE_OVERSIGHT_023578 →Entities connected to both the Australian Securities and Investments Commission and MO Financials

United Kingdom
LOCATION
Merrill Lynch Global Wealth Management
ORGANIZATION
Bank of America
ORGANIZATIONthe Capital Market Authority
ORGANIZATION
Merrill Lynch
ORGANIZATIONMerchant Bank
ORGANIZATIONthe Central Bank of Ireland
ORGANIZATION
Frankfurt
LOCATIONThe Financial Service Board
ORGANIZATION
Michael Bloomberg
PERSON
Donald Trump
PERSON
Bank of America Corporation
ORGANIZATIONMerrill Lynch Canada Inc
ORGANIZATIONthe Investment Industry Regulatory Organization of Canada
ORGANIZATIONthe Financial Supervisory Service
ORGANIZATION
Bank of America, N.A.
ORGANIZATIONMerrill Lynch Argentina SA
ORGANIZATION
the Financial Services Agency
ORGANIZATIONthe Securities and Futures Bureau
ORGANIZATIONDSP Merrill Lynch Limited
ORGANIZATION