Deutsche Bank Securities Inc EPS outlook, Performance & What to buy now Figure 63: The Seven Signs (cross "7h• Seven Signs" Cross Asset Class Market Signals Current Level Change es 1 1itti Ago 4 Wtit

Deutsche Bank Securities Inc. -v N EPS outlook, Performance & What to buy now Figure 48: The Seven Signs (cross asset class marker signalsj suggest Cautious Nleutral stance on eguites "IS Seven Spa' Cross Asse

our constructive view on the S&P for 2015 EFTA01476451 US Equity Insights 20 November 2015 Page 34 Deutsche Bank Securities Inc. EPS outlook, Performance & What to buy now Figure 63: The Seven Signs (cross asset class market signals) suggest Cautious / Neutral stance on equities Current Change vs Cha