Epstein Secrets

d vol & skew Market may trade on Buy EEM puts financed by a basket of EM puts to lever near record low correl Hedge a potential China tech bubble; Tencent potentially volatile after a 45% rally YTD Hedge the upside into MSCI announcement on 20-Jun Fundamental case to be long EU equities remains intact

ncy rates of exchange may adversely affect including ADRs, effectively assume currency risk. UK Readers: The protections provided located outside of the United Kingdom. BofA errill Lyne h Global Researc| MLPF&S or one of its affiliates is a regular issuer of traded financial instru time, hold a BofA Merrill w r

c-17 expiry 6m Sep-17 expiry Rationale Buy EEM puts financed by a basket of EM puts to lever near record low correl Hedge the China tech bubble; Tencent unlikely to stand still after a 45% rally YTD Hedge the upside into MSCI announcement on 20-Jun Fundamental case to be long EU equities remains int

eign currency rates of exchange may adversely affect ing ADRs, effectively assume c UK Readers: The protections provided by the U. located outside of the United Kingdom. BofA MLPF&S or one of its affiliates is a regular issuer of traded financial instru time, hold a trading position (long or short) in the securities

his sector will continue. These include: e Data privacy issues impacting a broad range of companies, including Facebook, Google, Twitter, Alipay and Tencent. e High likelihood of greater regulatory scrutiny in the US? and Europe as policy makers increasingly believe that these companies will not address

achs do Brasil Banco Multiplo S.A. as to the opportunities available to our private wealth management clients. In connection with its distribution in the United Kingdom, this material has been issued and approved by Goldman Sachs International which is authorised by the Prudential Regulation Authority and regulated b

his sector will continue. These include: e Data privacy issues impacting a broad range of companies, including Facebook, Google, Twitter, Alipay and Tencent. e High likelihood of greater regulatory scrutiny in the US? and Europe as policy makers increasingly believe that these companies will not address

achs do Brasil Banco Multiplo S.A. as to the opportunities available to our private wealth management clients. In connection with its distribution in the United Kingdom, this material has been issued and approved by Goldman Sachs International which is authorised by the Prudential Regulation Authority and regulated b