Epstein Secrets

penly than ever, the extreme-right electorate of Marine Le Pen's National Front, as if he sensed that she might

han ever, the extreme-right electorate of Marine Le Pen's National Front, as if he sensed that she might

asizing the ideological divide between him and Hollande, Sarkozy is also being led to court, more openly than ever, the extreme-right electorate of Marine Le Pen's National Front, as if he sensed that she might not find enough signatures to qualify for a place on the ballot. This strategy may make sense in the

th Republic, following Valery Giscard d'Estaing. In 1981, Giscard was defeated largely as a result of the "betrayal" of his former prime minister, Jacques Chirac, who ran against him. In 2012, no one in Sarkozy's camp is betraying the president (those who are trying, such as former Prime Minister Dominique d

penly than ever, the extreme-right electorate of Marine Le Pen's National Front, as if he sensed that she might

han ever, the extreme-right electorate of Marine Le Pen's National Front, as if he sensed that she might

asizing the ideological divide between him and Hollande, Sarkozy is also being led to court, more openly than ever, the extreme-right electorate of Marine Le Pen's National Front, as if he sensed that she might not find enough signatures to qualify for a place on the ballot. This strategy may make sense in th

th Republic, following Valery Giscard d'Estaing. In 1981, Giscard was defeated largely as a result of the "betrayal" of his former prime minister, Jacques Chirac, who ran against him. In 2012, no one in Sarkozy's camp is betraying the president (those who are trying, such as former Prime Minister Dominique

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

ents in 2016, show Fillon securing 65-70% of the vote vs Le Pen in a runoff (see chart below). We note that when her father, Jean-Marie Le Pen, faced Jacques Chirac in the 2002 Presidential elections the FN candidate only received 18% of the vote. Nevertheless, we see a potential Le Pen win as the biggest politic

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