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HOUSE_OVERSIGHT_014432 - HOUSE_OVERSIGHT_014459
ected Key takeaways ee « Market response to Trump is logical but moves have been frontloaded. We now see USD & rates only modestly higher next year. James Barty >> « We see higher growth and inflation, notably in Japan. We go long NKY, stay long EM sail — AX) & selective yield in equity/ credit. Te alboncOee
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errill Lynch 01 December 2016 Equity Strategy Europe Ronan Carr, CFA >> European Equity Strategist MLI (UK) +44 20 7996 3292 [email protected] James Barty >> Investment Strategist MLI (UK) +44 20 7996 3291 [email protected] Tommy Ricketts >> European Equity Strategist MLI (UK) +44 20 7996 3294 tom
Page: HOUSE_OVERSIGHT_014460 →Pierce, Fenner & Smith Incorporated
Organization
Merrill Lynch Global Wealth Management
OrganizationInvestment management and financial planning service

Merrill Lynch
OrganizationAmerican investing and wealth management division of Bank of America
The Financial Service Board
OrganizationMerrill Lynch International
OrganizationMerrill Lynch Equities (Australia) Limited
Organizationthe Australian Securities and Investments Commission
Organizationthe Hong Kong Securities and Futures Commission
OrganizationMerrill Lynch Canada Inc
Organizationthe Investment Industry Regulatory Organization of Canada
OrganizationMerrill Lynch Mexico
OrganizationMerrill Lynch Argentina SA
Organization
Comisién Nacional de Valores
OrganizationUruguayan football club based in Montevideo, Uruguay

the Financial Services Agency
OrganizationMerrill Lynch International Incorporated
OrganizationMerrill Lynch Securities (Taiwan) Ltd.
Organizationthe Securities and Futures Bureau
OrganizationDSP Merrill Lynch Limited
Organizationthe Securities and Exchange Board of India
Organization
Donald Trump
PersonPresident of the United States (2017–2021, 2025–present)