…contain a shor short-term price impact on the e reflects both a longer term total be more or less positive than as BofA Merrill Lynch is aware that acti executing any short idea contained in this repo! For incl UK ocated outsi u ime, hold a BofA Merrill Ww methods of recipient of...
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…ers, m instruments may be difficult to income from lose their enti Futures and o disclosure documents. Investmi BofA Merrill L action may be limited by regulations prohibiting or restricting "shortse executing any short idea con his report m hat presents In the event tl the...
…incipal inves This report may contain a short- reflects both a longer term total be more or less positive than as BofA Merrill Lynch is aware that e Foreign currency rates o bq ime, hold a BofA Merrill Ww me recipient of this report. In the event that the recipient received...
…endations are different from and do not affect a stock's fundamental equity rating, which reflects bo be more or BofA Merrill Lynch is aware that the action includ wi may be limited by regulations prohibiting or restricting "shortselling" in many jurisdictions. Investors ar...
…me, hold a trading position (long or short) in the securities and financial instruments discussed in this report. BofA Merrill Lynch, through business units other than BofA Merrill Lynch Global Research, may have issued and may in the future issue trading ideas or recommenda h d...
…L.P. 17-1M-2016 14:10:30 Source: Bloomberg HOUSE OVERSIGHT 014398 Amanda Ens Director I 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 —> b...
177 teaching at the National University of Singapore’s Lee Kuan Yew School of Public Policy (LKYSPP), was expelled from Singapore and permanently banned from the country. The Ministry of Home Affairs (responsible for internal security and counterespionage) said in a statement an...
CIO WM Global Investment Office CIO monthly video www.ubs.com/cio-video For smartphone users: scan the code with an app like "scan" UBS CIO Monthly Extended November 2012 Published 25 October 2012 This report has been prepared by UBS AG. Please see important disclaimers and disc...
173 NOTES 1 Anne-Marie Brady, “Magic Weapons: China’s Political Influence Activities under Xi Jinping,” Kissinger Institute on China and the United States, September 18, 2017, accessed October 11, 2018, https://www .wilsoncenter.org/article/magic-weapons-chinas-political-influe...
Research Analysts James Barty >> Ajay Singh Kapur, CFA >> Investment Strategist Equity Strategist MLI (UK) Merrill Lynch (Hong Kong) +44 20 7996 3291 +852 3508 7753 [email protected] [email protected] Ronan Carr, CFA >> Shusuke Yamada, CFA >> European Equity Strateg...
…alg (advanced 9m) 30 =———=|\iSCI Europe EPS € (trailing yoy, R 60 01/98 «= 01/01 0104 01/07 O10 O13 O16 Source: BofA Merrill Lynch Global Research, Datastream, IBES Chart 3: Cyclicals vs Defensives trade now looks very stretched 4 3 2 1 0 { -2 3 -4 Dec-97 Dec-01 Dec-05 Dec-...
…0 102.4 78.3 68.5 S&P 500 GAAP EPS impact ($9) ($8) Source: FactSet, Blaomberg, BofAML Global Research estimates, BofA Merrill Lynch US Equity & US Quant Strategy We estimate share buybacks add $4 (or as high as $6) to EPS (GAAP & non-GAAP) If the full $1.2tn that we estimate f...
Global Asset Allocation 09 November 2012 The J.P. Morgan View Do US elections change anything? � Asset allocation –– The equity market has priced out the Romney win scenario, but from these levels, our economic and market outlook and risks are unchanged. These keep us medium-ter...
174 was activated to pressure the government to change position. Singapore’s experience in 2016-17 holds lessons for other ASEAN member states. On the surface, China claims that it does not interfere in the internal affairs of other states. At the same time, it is led by a Leni...
…ed as a research analyst under the FINRA rules. Refer to "Other Important Disclosures" for information on certain BofA Merrill Lynch entities that take responsibility for this report in particular jurisdictions. BofA Merrill Lynch does and seeks to do business with issuers cove...