HOUSE_OVERSIGHT_014461.jpg

View Original

Extraction Summary

2
People
4
Organizations
3
Locations
3
Events
1
Relationships
4
Quotes

Document Information

Type: Financial research report / equity strategy note
File Size:
Summary

This document is a page from a Bank of America Merrill Lynch 'European Equity Strategy' report dated December 1, 2016. It provides a financial outlook for 2017, discussing themes such as 'Refining the reflation rotation,' ECB policy, European politics (mentioning Fillon and Merkel), and sector weightings (overweight Oil, Healthcare, Utilities, Media). The document bears a 'HOUSE_OVERSIGHT' Bates stamp, indicating it was part of a document production for a congressional investigation.

People (2)

Name Role Context
Fillon Politician (French)
Mentioned as part of a potential 'Fillon/Merkel duo' leading European economies.
Merkel Politician (German)
Mentioned as part of a potential 'Fillon/Merkel duo' leading European economies.

Organizations (4)

Name Type Context
Bank of America Merrill Lynch
Logo and text in footer indicating the source of the report.
ECB
European Central Bank; discussed regarding loose policy and tapering.
OPEC
Mentioned regarding oil production cuts.
House Oversight Committee
Implied by the Bates stamp 'HOUSE_OVERSIGHT_014461'.

Timeline (3 events)

2016-12-01
Publication of European Equity Strategy report
N/A
2017
Potential unwind of loose policy by ECB
Europe
ECB
May 2017
French Elections
France

Locations (3)

Location Context
Subject of the equity strategy; mentioned regarding politics and valuation.
UK
Mentioned regarding domestic exposure and sterling weakness.
Mentioned regarding the two largest economies.

Relationships (1)

Fillon Political Counterparts Merkel
Referenced as a 'Fillon/Merkel duo' potentially leading the Euro area.

Key Quotes (4)

"Reversal refers to the ECB."
Source
HOUSE_OVERSIGHT_014461.jpg
Quote #1
"Will Europe follow the route to populism (revolt from the voters) or will we find relief for the markets by the end of 2017 from a Fillon/Merkel duo being in charge of the Euro area’s two largest economies."
Source
HOUSE_OVERSIGHT_014461.jpg
Quote #2
"We remain cautious on domestic UK exposure."
Source
HOUSE_OVERSIGHT_014461.jpg
Quote #3
"The rotation out of bond proxies and Defensives into Financials and Cyclicals has moved to extreme levels"
Source
HOUSE_OVERSIGHT_014461.jpg
Quote #4

Discussion 0

Sign in to join the discussion

No comments yet

Be the first to share your thoughts on this epstein document