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Extraction Summary

6
People
3
Organizations
2
Locations
2
Events
3
Relationships
4
Quotes

Document Information

Type: Email / financial research note
File Size: 1.77 MB
Summary

This document is an email from Amanda Ens at Bank of America Merrill Lynch dated November 22, 2016, addressed to 'Jeffrey E.' (likely Jeffrey Epstein) and Rich Kahn. The email provides financial market commentary and recommends a specific trade: buying a 1-year XLF call spread based on the 'Trump Trade' and expected deregulation. It discusses sector positioning, buyback flows, and references data from analysts Nigel Tupper and Erika Najarian.

People (6)

Name Role Context
Amanda Ens Sender
Employee at Bank of America Merrill Lynch sending financial advice.
Jeffrey E. Recipient
Likely Jeffrey Epstein, receiving financial advice.
Rich Kahn Recipient
Richard Kahn, receiving financial advice alongside Jeffrey E.
Donald Trump Mentioned
Referenced in relation to the 'Trump Trade' and political policies affecting markets.
Nigel Tupper Source/Analyst
Cited regarding Global Positioning and underweight financials.
Erika Najarian Source/Analyst
Cited regarding the Future of Financials conference and price objectives.

Timeline (2 events)

2016-11-14
Global Positioning report by Nigel Tupper
N/A
N/A
Future of Financials conference hosted 90 public and private companies
N/A

Locations (2)

Relationships (3)

Amanda Ens Professional/Advisor Jeffrey E.
Ens sends investment advice email to Jeffrey E.
Amanda Ens Professional/Advisor Rich Kahn
Ens sends investment advice email to Rich Kahn.
Jeffrey E. Associates Rich Kahn
Both are recipients on the same financial advisory email.

Key Quotes (4)

"Our financials sector specialist thinks XLF could have another 20-25% upside given the many levers to the Trump Trade"
Source
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Quote #1
"Buy a 1 year XLF call spread for 2.6% premium"
Source
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Quote #2
"Large long-only funds are more underweight Financials than any other sector"
Source
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Quote #3
"Cons Disc, Technology and Financials are the largest 3 sectors for US buybacks"
Source
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Quote #4

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