…ly those two can be traded. The US can recognize that China can do some of those things with certain restrictions and really open their markets more. I think that's the ultimate trade. November 2017 = Beijing JACK MA: TRADE WAR COULD LAST 20 YEARS Fa"') Robert Lawrence Kuhn |...
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…Crown Prince Mohammad bin Salman... Following @realDonaldTrump's visit to SA, US stance on Saudi affairs changed especially on competition between MBS & MBN and Qatar siege. MBS = Saudi Crown Prince Mohammad bin Salman (de facto King) MBN = Mohammad bin Nayef (deposed Saudi Cro...
other military aspects of the nuclear enterprise. Seizing the Nuclear High Road with Little to Lose Even as he confronts a real bomb in North Korea (very bad options there) and a potential one in Iran (bad options there too), Obama is trying to make good ona longstanding commit...
Flags: 1060865 Is Read: Yes Is Invitation: No GUID: 98B4DF94-BDBB-49D1-B440-152CC70D878F Message: I think it really will take trump pushing back on him to make him realize these are different times Sender: Time: 03/17/17 04:57:34 AM (511444654) Flags: 1060865 Is Read: Yes...
…ace peer group average of 11x. We believe it is reasonable for RATE to trade at a slight discount given RATE's recent challenges to both growth and margins and its position as a turnaround in the space. Downside risks to our PO are: 1) limited visibility into intra-quarter trend...
« Marketing expense expected to ramp in 2017, which can weigh on earnings, especially if gross food sales comes in weaker than anticipated. Estimates vs. Consensus: Broadly in-line with consensus in 1Q’17 We expect 1Q revenue/EPS at $153mn/S0.25 vs. the Street at $153mn/$0.24 dr...
Grau Snith080168*eMailContent.htm Las Olas City Centre, Bank America Building 401 East Las Olas Boulevard Suite 1650 Fort Lauderdale, FL 33301 file:///Cl/Documents%20and%20Settings/Trial/Desktop/E...uction/eDocs/eMail/Grant_Smith080168eMailContent.htm (5 of 5) [1 1/6/2010 10:1...
…date. This would require a total 5-year cumulative adjustment of SARSOObn (US$133bn; 20% of 2015 GDP or 4ppt of GDP annually) from 2016 onwards, which is close to what the NTP appears to be targeting in non-oil revenue measures (US$100bn, excluding NTP costs). We think 75% of the...
…but BRL will be vulnerable to the divergent paths between Brazil’s easing and the Fed’s tightening cycles. 6. Buy USD call/CNH put — President Trump will need a weak USD, but President Xi needs a weak CNY. We believe risk premium for a collision course is too low. 7. Sell EUR/G...
…ense budget has expanded by 7% but has been kept at roughly 1% of GDP, in keeping with historical guidelines. This is small by international standards and more likely than not will rise in the coming years (Chart 24}. The composition of spending is also likely to shift from opera...
… short-lived magazine, Cheetah, published a fake obituary of me. I thought it was funny. An Associated Press reporter called, and I explained that it was a hoax. “Are you sure?” he asked. “Of course. I would tell you if I was dead.” Siegel started writing for Cavalier. His firs...
this report or its contents. Bankof America 8 Japan Macro Watch | 14 November 2016 Merrill Lynch HOUSE_OVERSIGHT_014431
ane Group (CG), C-2-8, Neutral Glenn Youngkin, President and Chief Operating Officer, presented for CG. Overall, Mr. Youngkin is positive on the economic/market backdrop and on CG’s ability to generate cash carry relatively consistently over time given the firm’s diversity of fun...
…iously. Unsure how these Indifferent. The exposure is avenue for loan growth loans will perform duringa —_ relatively small so does not credit downturn matter either ways Source: BofA Merrill Lynch Global Research Texas Capital Bancshares (TCBI) C-2-9, Neutral Upbeat on busines...
Chart 1: USDJPY vs yield spread Chart 2: USDJPY carry* gradually inching up ‘4 135.0 we 125.0 10 115.0 O84 105.0 us 95.0 0.4 85.0 0.2 15.0 Nov-14 Feb-15 May-15 Aug-15 Nov-15 Feb-16 May-16 Aug-16 Nov-16 se USDJPY(RHS) —_USDJPY carry / 3m implied vol (RHS) US-Japan 10yr real yie...