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Extraction Summary

2
People
2
Organizations
4
Locations
2
Events
0
Relationships
3
Quotes

Document Information

Type: Financial strategy report / market research
File Size:
Summary

This document is page 3 of a 'Global Cross Asset Strategy' report by Bank of America Merrill Lynch, dated November 30, 2016. It analyzes market shifts following the election of Donald Trump, recommending specific financial strategies such as going long on the Nikkei (NKY) and shorting US 10-year real rates. While the content is purely financial analysis, the Bates stamp 'HOUSE_OVERSIGHT_014434' indicates this document was obtained as part of a document production to the House Oversight Committee, likely during investigations into financial institutions' handling of accounts related to Jeffrey Epstein or similar probes.

People (2)

Name Role Context
Donald Trump President-elect
His election is described as an 'inflection point for global markets' influencing the bank's strategy.
Warren Buffet Investor
Quoted regarding market strategy: 'be greedy when others are fearful...'

Organizations (2)

Name Type Context
Bank of America Merrill Lynch
The financial institution that produced the report.
House Oversight Committee
Implied by the Bates stamp 'HOUSE_OVERSIGHT' indicating this document was produced during a congressional investigation.

Timeline (2 events)

2016-11-08
Donald Trump's election
USA
2016-11-30
Publication of Global Cross Asset Strategy report
Global
BofAML colleagues

Locations (4)

Location Context
Mentioned regarding US yields, USD, and Donald Trump's election.
Mentioned regarding European yield and spread trades.
Mentioned regarding 'long Japan position' and Japanese equities.
Mentioned regarding equity long positions and risks.

Key Quotes (3)

"Donald Trump’s election is in our view an inflection point for global markets, starting new trends in some asset classes and extending trends in others."
Source
HOUSE_OVERSIGHT_014434.jpg
Quote #1
"If we are to call it an earthquake it is perhaps a five rather than a nine on the Richter scale."
Source
HOUSE_OVERSIGHT_014434.jpg
Quote #2
"be greedy when others are fearful and fearful when others are greedy"
Source
HOUSE_OVERSIGHT_014434.jpg
Quote #3

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