…year to grow given high churn, 2) competition from SitterCity and Homestead, and 3) new care offerings Bankof America Merrill Lynch Internet/e-Commerce | 06 April2017 53 HOUSE_OVERSIGHT_014939
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…tly or indirectly, related to the specific recommendations or view expressed in this research report. Bankof America Merrill Lynch Liquid Insight | 22 September 2016 5 HOUSE_OVERSIGHT_010613
after equities collapsed and bond prices rose
the economic data since the intraday peak of US equities on September 21st does not
corporate credit and equities across the region; and expect a Greek
simple average of past 43 quarters) — Japan equities have outperformed during bear-steepening led by
and are positioning for a single-digit year on equities.
but this week without a selloff in bonds. Much of the rally in equities is likely the aftermath of the last minute escape from Fiscal Cliff 1 on December 31. But since then
but remain down on the year. We do not see the current surge in equities as a negative for bonds
which is also supportive of our bullish equities scenario (see Ready
Japan equities tend to be the winner on a local currency basis
equities are a sell"" fear. Clients are torn
and more domestic-oriented equities due to a slightly stronger dollar
low-volatility equities and high-dividend-paying companies. These
we believed such a rotation would cause a “melt-up” in equities