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Investment Strategy
urope, especially France and Germany. Because of the winner takes all system in France we find investors are more concerned with the situation there. Marine Le Pen and the Front National look likely to make it to the second round of voting (again according to polls) and until the vote comes in we suspect investo
Page: HOUSE_OVERSIGHT_014443 →to the second round of voting (again according to polls) and until the vote comes in we suspect investors will be cautious about European markets. A Le Pen victory could likely bring the future of the EU and the Euro into question as she has talked about France withdrawing from both. That in turn has arg
Page: HOUSE_OVERSIGHT_014443 →France and Germany. Because of the winner takes all system in France we find investors are more concerned with the situation there. Marine Le Pen and the Front National look likely to make it to the second round of voting (again according to polls) and until the vote comes in we suspect investors will be cautious abo
Page: HOUSE_OVERSIGHT_014443 →crucial French elections. A Bankof America Merrill Lynch European Equity Strategy | 01 December 2016 5 HOUSE_OVERSIGHT_014464 --- PAGE BREAK --- Marine Le Pen victory could bring into question both the future of the EU and also the euro, should the polls be close it could make the uncertainty and market mov
Page: HOUSE_OVERSIGHT_014465 →d by events this year they remain useful as an indication of where the public mood lies. With that caveat in mind, current voting intentions suggests Front National leader Marine Le Pen will receive enough votes to progress to the second round and is likely to be joined by Republican candidate Francois Fillon. Al
Page: HOUSE_OVERSIGHT_014475 →erica 16 European Equity Strategy | 01 December 2016 Merrill Lynch HOUSE_OVERSIGHT_014475 --- PAGE BREAK --- Barty argued in The Trump Inflection, Le Pen’s victory has the potential to be even more of an earthquake for the world’s financial markets. Indeed, we have already seen a 1vol move in April 2017
Page: HOUSE_OVERSIGHT_014476 →thoughts about this and how you're going to deal with it. Bannon: Could you summarize that for me? Harnwell: The first question was, you'd reference the Front National and UKIP as having elements that are tinged with the racial aspect amidst their voter profile, and the questioner was asking how you intend to deal w
Page: HOUSE_OVERSIGHT_029059 →ement in capitalism, so, I see there, also Marine Le Pen campaigning in Moscow with Putin, and also UKIP s
Page: HOUSE_OVERSIGHT_029060 →s had a clear link to Putin. If one of the representatives of the dangers of capitalism is the state involvement in capitalism, so, I see there, also Marine Le Pen campaigning in Moscow with Putin, and also UKIP strongly defending Russian positions in geopolitical terms. [Harnwell restates, but unintelligible] H
Page: HOUSE_OVERSIGHT_029060 →thoughts about this and how you're going to deal with it. Bannon: Could you summarize that for me? Harnwell: The first question was, you'd reference the Front National and UKIP as having elements that are tinged with the racial aspect amidst their voter profile, and the questioner was asking how you intend to deal w
Page: HOUSE_OVERSIGHT_029038 →s had a clear link to Putin. If one of the representatives of the dangers of capitalism is the state involvement in capitalism, so, I see there, also Marine Le Pen campaigning in Moscow with Putin, and also UKIP strongly defending Russian positions in geopolitical terms. [Harnwell restates, but unintelligible] H
Page: HOUSE_OVERSIGHT_029039 →ement in capitalism, so, I see there, also Marine Le Pen campaigning in Moscow with Putin, and also UKIP s
Page: HOUSE_OVERSIGHT_029039 →thoughts about this and how you're going to deal with it. Bannon: Could you summarize that for me? Harnwell: The first question was, you'd reference the Front National and UKIP as having elements that are tinged with the racial aspect amidst their voter profile, and the questioner was asking how you intend to deal w
Page: HOUSE_OVERSIGHT_029080 →s had a clear link to Putin. If one of the representatives of the dangers of capitalism is the state involvement in capitalism, so, I see there, also Marine Le Pen campaigning in Moscow with Putin, and also UKIP strongly defending Russian positions in geopolitical terms. [Harnwell restates, but unintelligible] H
Page: HOUSE_OVERSIGHT_029081 →ement in capitalism, so, I see there, also Marine Le Pen campaigning in Moscow with Putin, and also UKIP s
Page: HOUSE_OVERSIGHT_029081 →Entities connected to both Marine Le Pen and the Front National

Donald Trump
PERSON
Jeffrey Epstein
PERSON
Steve Bannon
PERSON
Nigel Farage
PERSONBenjamin Harnwell
PERSON
United States
LOCATION
Vladimir Putin
PERSON
United Kingdom
LOCATION
Middle East
LOCATION
Angela Merkel
PERSON
European Parliament
ORGANIZATIONNational Front
ORGANIZATION
François Hollande
PERSON
Slovakia
LOCATION
Davos
LOCATION
Economist
ORGANIZATION
Capitol Hill
ORGANIZATIONthe Far East
LOCATION
Central Europe
LOCATION
Western Europe
LOCATION