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personal investment advice and it does not take into account the specific investment o!
document IMAGES-001-HOUSE_OVERSIGHT_010615.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…errill Lynch, through business units other than Bo with, and reach differen methods of th recipient of th errill Lynch Global Research and certain business groups. As a resul Research po containing suc ting any personal information to them. BofA Merrill Lynch is not responsib...

Important Disclosures
document IMAGES-007-HOUSE_OVERSIGHT_023094.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…ransact in such securities. Investors should contact their BofA Merrill Lynch representative or Merrill Lynch Financial Global Wealth Management financial advisor for information relating to fixed income securities Officers of MLPF&S or one or more of its affiliates (other than r...

The Bank of Mexico will meet on 29 September, and a 50bp rate hike is already priced in
document IMAGES-001-HOUSE_OVERSIGHT_010611.txt Nov 23, 2015 House Oversight Committee — Epstein Estate Records (Nov 2025)

…016 2012 2013 2014 2015 2016 mms Net Dollar position ———=MXN mmm spread —=—‘1y TIIE -—=—=ONR Source: BofA Merrill Lynch Global Research, Bloomberg Source: BofA Merrill Lynch Global Research, Bloomberg Notable Rates and FX Research * Global Rates & Currencies 2016 Year Ahead, 23...

CHINA DAILY Tuesday, January 23, 2018
document IMAGES-007-HOUSE_OVERSIGHT_023682.txt Jan 23, 2018 House Oversight Committee — Epstein Estate Records (Nov 2025)

…tes, learns as an outsider but communicates as an insider. In his talk show Closer to China with R.L. Kuhn on the China Global Televi- sion Network, he presents China’s complex story to the world through candid, intimate discussions with the country’s decision-makers. In a hotel...

Fareed Zakaria: Trump sells America short
email IMAGES-010-HOUSE_OVERSIGHT_029849.txt Sep 17, 2015 House Oversight Committee — Epstein Estate Records (Nov 2025)

…nt to make these charges because the reality is almost entirely the opposite. The United States is more dominant on the global economic landscape than at any point since the heyday of Bill Clinton’s presidency — perhaps even more so. Last quarter, the U.S. economy grew at a 3.7...

Now, Eric Cantor, it was a landslide. He lost 57-43, and not one — outside of Breitbart, we
document IMAGES-010-HOUSE_OVERSIGHT_029072.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…hey’re conservative selling out their interests every day to crony capitalists. “That center-right revolt is really a global revolt. I think you’re going to see it in Latin America, I think you’re going to see it in Asia, I think you’ve already seen it in India.” And you're se...

Adam Bly (born 1981 in Montreal, Canada) is founder
document IMAGES-004-HOUSE_OVERSIGHT_017533.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…d the Elastic Mind, an exhibition about science and design at The Museum of Modern Art. In 2007, Bly was named a Young Global Leader by the World Economic Forum. He is a recipient of the Golden Jubilee Medal from Her Majesty Queen Elizabeth II and his achievements have been high...

It follows that if real GDP is understated, then
document IMAGES-003-HOUSE_OVERSIGHT_014548.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…dices.°° We point to three examples to illustrate the mismeasurement argument. First, our colleagues in Goldman Sachs’ Global Investment Research (GIR) have pointed out that the official price indices for information and communication technology show an implausible gap between t...

modified will not likely change the outlook. LM feels its strong positioning in global
document IMAGES-002-HOUSE_OVERSIGHT_014354.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

modified will not likely change the outlook. LM feels its strong positioning in global distribution and product sets bodes well to perform in a new fiduciary world. ¢ Additionally, a lower potential U.S. corporate tax rate will not change its cash tax rate which is likely to be...

Basic Policy Plan of Hosting the Convention
document IMAGES-011-HOUSE_OVERSIGHT_031362.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…it is a natural course of events, that this Convention should begin in Japan, which would carry a significant message . Global consensus on this matter should be easy to attain. ™Venue candidates include Kyoto from the Kyoto Protocol, and Okinawa and Hokkaido from the past G8 su...

Financials: buy XLF call spreads
email IMAGES-001-HOUSE_OVERSIGHT_012045.txt Nov 22, 2016 House Oversight Committee — Epstein Estate Records (Nov 2025)

…ased buyback executions until year-end, another source of upside for the Cons Disc, Technology and Financials sectors. Global Positioning, Nigel Tupper, 11/14. Large long-only funds are more underweight Financials than any other sector and are UW this sector in all regions. Fut...

For the purposes of this discussion, here are the principal objectives
document TEXT-001-HOUSE_OVERSIGHT_030426.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…e gained by increasing your profile among the international political class than the domestic U.S. political class. The global nature of your business, the importance of the growth markets and the puritanism of American politics are good reasons for this. In our view, you should...

Chart 13: Real labor income and private consumption Chart 14: Workers’ saving rate at all-time high
document IMAGES-002-HOUSE_OVERSIGHT_014415.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…; ‘ Private consumption, JPY trn saar (RHS) —— Saving rate of workers’ households, % 4qtr ma Source: BofA Merrill Lynch Global Research, CAO Source: BofA Merrill Lynch Global Research, MIA 2. Capex revival We also see a fundamental case for higher capital spending. Borrowing rate...

I will tell you more. Emirates Airlines’ successful model has not led only to achieving an internati
document IMAGES-008-HOUSE_OVERSIGHT_024944.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…noring any possibility. Yet, there are some unforeseen challenges that originate remotely but influence us -- as in the global financial crisis that erupted in the United States and spread to the economies of developed countries and the rest of the world. One must be prepared to...