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Chart 3: Decomposition of performance of 1) S&P 500 stocks exposed to fiscal stimulus* and 2) top
document IMAGES-007-HOUSE_OVERSIGHT_023074.txt Aug 21, 2016 House Oversight Committee — Epstein Estate Records (Nov 2025)

…s as stimulus beneficiaries in 150 stocks with exposure to the Fiscal Stimulus theme 21 Aug. 2016 Source: FactSet, BofA Merrill Lynch US Equity & US Quant Strategy Potential beneficiaries: See Table 19 at the end of this report for a screen of domestically-oriented companies wit...

Table 32: Zillow estimate summary
document IMAGES-003-HOUSE_OVERSIGHT_014935.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…AML est. $0.06 $0.11 $0.48 $0.89 Street $0.05 $0.07 $0.44 $0.80 BofAML vs. Street Above Above Above Above Source: BofA Merrill Lynch Global Research estimates Zillow has effectively captured the online U.S. real estate market, allowing them to accelerate monetization and access...

comp, but overall demand remains robust. Instagram feedback was notably positive
document IMAGES-003-HOUSE_OVERSIGHT_014909.txt Apr 4, 2017 House Oversight Committee — Epstein Estate Records (Nov 2025)

…fA ML est. 0.94 $1.17 $4.86 $6.02 Street 0.86 $1.06 $4.45 $5.76 BofA ML vs Street Above Above Above Above Source: BofA Merrill Lynch Global Research estimates, Bloomberg, as of 4/4/2017 Our $165 price objective is based on 24x our non-GAAP 2018E EPS and 27x GAAP EPS, multiples...

Chart 78: What do you believe will be the structure of the payments industry in 5-7 years?
document IMAGES-002-HOUSE_OVERSIGHT_014367.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…rands enable by innovative operating through tech companies tech companies traditional payments providers Source: BofA Merrill Lynch Global Research « Panelists highlighted that while recent innovations in faster payment transfers have been focused on P2P applications, the B2B...

Table 12: Selected drivers of Saudi consumer
document IMAGES-003-HOUSE_OVERSIGHT_016138.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…scal consolidation measures (VAT, etc) Likely forthcoming Direct and indirect negative impact on consumer Source: BofA Merrill Lynch Global Research Chart 25: Private sector average monthly wages are increasing Chart 26: Wedge between Saudi and non-Saudi private sector salaries...

2017: a good year for domestic demand
document IMAGES-002-HOUSE_OVERSIGHT_014414.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

… 2014 2015 2016 2017 2018 mama Private demand meee Public demand mmm Net exports ===Real GDP growth %YoY Source: BofA Merrill Lynch forecasts, CAO 1. Consumer comeback Households have been the noticeable laggard in the current recovery and the main reason why Japan’s economy...

Director | Global Equities
document IMAGES-002-HOUSE_OVERSIGHT_014399.txt Nov 18, 2016 House Oversight Committee — Epstein Estate Records (Nov 2025)

Amanda Ens Director | Global Equities Bank of America Merrill Lynch Merrill Lynch, Pierce, Fenner & Smith Incorporated Japan Investment Strategy Nikkei to 20,000: Inventory cycle upturn — cyclicals; inflation — banks, insurance Investment Strategy 18 November 2016 Key tak...

Pacific) Limited
document Pacific) Limited House Oversight Committee — Epstein Estate Records (Nov 2025)

regulated by the Hong Kong Securities and Futures Commission (HKSFC) and the Hong Kong Monetary Authority (HKMA); Merrill Lynch (Singapore): Merrill Lynch (Singapore)

Merrill Lynch Kingdom of Saudi Arabia Company
document regulated by Comissao de Valores Mobiliarios; Merrill Lynch KSA Company House Oversight Committee — Epstein Estate Records (Nov 2025)

Merrill Lynch Kingdom of Saudi Arabia Company

Fleming was president of Merrill Lynch & Co
document knowledge of the decision said at the time. Before joining Morgan Stanley House Oversight Committee — Epstein Estate Records (Nov 2025)

Fleming was president of Merrill Lynch & Co.