Epstein Secrets

lds a Bachelor of Commerce in Accounting and Finance from the University =f New South Wales in Sydney, Australia. <1=> Amanda Ens<=> Director Bank of America Merrill L=nch Merrill Lynch, Pierce, Fe=ner & Smith Incorporated aman a.ens am .com <mai to:yun o.=i a am .com> <1=> The power of global conne=tionsw Th

owth generally. Only mining and logging (-7k) =nd information services (Ok) were weak. 3 EFTA_R1_01557499 EFTA02455117 Post Q2 earnings results, Health Care is now in a strong position to outperform=/span> <http://r=ch.baml.com/r?q=-- f3Kv0H2hhlw6fcYbuRtA&e=jeevacationVA0gmail.com&a=p;h=7Ws4Wg> . The sect

s emerging markets (EM). =/span> MEGA Trends Momentum Ran=ing:&n=sp; Greg Kaldor</=> Managing Director US MEGA (Macro Equity &=mp; Global Alpha) Bank of America Merrill=Lynch 8 EFTA_R1_00106345 EFTA01784779 This message, and any attachments, is for the intended recipient(s) on=y, may contain information that is

e sectors. Techs (XLK), Telecoms (XTL), together with Healthcare (XLV) are the three sectors with strongest price momentum in the MEGA Tren=s Index. Health Care is the one sector with improving Earning= Revision Ratios, Sales Revision Ratios and Management Guidance Ratios chttp://rsch.baml.com/r?q=k=SlqhpEN

0 stocks in our OW industries with market cap > $10bn, PE on 2015 EPS < 22, 2015 EPS growth > 0% DB Ticker Company Name BAC 3PM MTB PNC STI USB Bank of America Corp 3PMorgan Chase & Co M&T Bank Corp PNC Financial Services Group Inc SunTrust Banks Inc U.S. BANCORP WFC Wells Fargo & Co AMP Ameriprise Financi

markets. Industrials companies reported weak results and guidance. Sizable beats from Tech giants GOOG, MSFT & AMZN brightened 3Q earnings season. Health Care companies (PFE, BMY, GILD, BAX) had large beats on both EPS and sales. Large Oil & Gas companies (XOM, CVX, MPC, VLO) had big beats on EPS on very

eposits held in banks and short term U.S. Treasury only money market funds. At December 31, 2010, the balance includes $5.2 million of cash held at Bank of America N.A. by Bernard. Such cash is not generally available for use by the Fund other than by Bernard. The Fund maintains cash deposits at amounts which gener

tments Owned Asset Backed Securities - North America (primarily United States) % of Members' Equity Fair Value Financials 4.07% $ 11,980.04? Health Care 0.00% 11,389 Home Entity 0.01% 27,421 Total (cost 314497,937) 4.08% 12,018.863 Asset Backed Securities Total (cost 314,497,937) 4.08% 12,0

higher oil would make Oil’s high DY sustainable. Healthcare is too cheap vs an improving sector growth outloo

ariables like 10-year Treasury yields, gold and S/yen also hit oversold levels. The models are useful in isolation for highlighting any anomalies in Bankof America Merrill Lynch European Equity Strategy |01 December 2016 = 21 HOUSE_OVERSIGHT_014480 --- PAGE BREAK --- recent price action for individual assets. However, the

h Personnel (including the analyst(s) responsible for this report) receive compensation based upon, among other factors, the overall profitability of Bank of America Corporation, including profits derived from investment banking. The analyst(s) responsible for this report may also receive compensation based upon, a

errill Lynch (Singapore) (Company Registration Nos F 06872E and 198602883D respectively). MLIBLMB and Merrill Lynch (Singapore} are regulated by MAS. Bank of America N.A, Australian Branch (ARBN 064 874 531), AFS License 412901 (BANA Australia) and Merrill Lynch Equities (Australia) Limited (ABN 65 006 276 795), AFS L

mberg European equities: switch to outright long Healthcare We switch our European sector pair trade preferr

h Personnel (including the analyst(s) responsible for this report) receive compensation based upon, among other factors, the overall profitability of Bank of America Corporation, including profits derived from investment banking. The analyst(s) responsible for this report may also receive compensation based upon, a

errill Lynch (Singapore) (Company Registration Nos F 06872E and 198602883D respectively). MLIBLMB and Merrill Lynch (Singapore} are regulated by MAS. Bank of America N.A, Australian Branch (ARBN 064 874 531), AFS License 412901 (BANA Australia) and Merrill Lynch Equities (Australia) Limited (ABN 65 006 276 795), AFS L

is one of the nation's largest managed care organizations, covering roughly 23 million members. The company focuses on three main business segments: Health Care (health insurance, dental, behavioral health and pharmacy benefit Bankof America <> Merrill Lynch Top 10 US Ideas Quarterly | 03 January 2017 3 HOU

h Personnel (including the analyst(s) responsible for this report) receive compensation based upon, among other factors, the overall profitability of Bank of America Corporation, including profits derived from investment banking. The analyst(s) responsible for this report may also receive compensation based upon, a

errill Lynch (Singapore) (Company Registration Nos F 06872E and 198602883D respectively). MLIBLMB and Merrill Lynch (Singapore} are regulated by MAS. Bank of America N.A, Australian Branch (ARBN 064 874 531), AFS License 412901 (BANA Australia) and Merrill Lynch Equities (Australia) Limited (ABN 65 006 276 795), AFS L

nce in the health system in order to enhance % of Healthcare facilities reporting comprehensive % 10 100 NA 10

errill Lynch (Singapore) (Company Registration Nos F 06872E and 198602883D respectively). MLIBLMB and Merrill Lynch (Singapore) are regulated by MAS. Bank of America N.A., Australian Branch (ARBN 064 874 531), AFS License 412901 (BANA Australia) and Merrill Lynch Equities (Australia) Limited (ABN 65 006 276 795), AFS L

tax of overseas earnings of US firms’ subsidiaries at reduced rates. Non-Financials in the S&P hold at least $1.2tn in overseas cash (mostly Tech and Health Care). If half was used for buybacks, this could add 3% ($4) to S&P 500 EPS. A redux of 2004 where companies used 80% of cash for buybacks may be less lik

oose to pay down debt over other uses of cash, in an attempt to skew their balance sheets less toward debt and more toward equity (see the section on no Bankof America <> Merrill Lynch Equity Strategy Focus Point | 29 January 2017 9 HOUSE_OVERSIGHT_023077 --- PAGE BREAK --- interest tax shield later in this repor