HOUSE_OVERSIGHT_014447.jpg

View Original

Extraction Summary

2
People
6
Organizations
4
Locations
2
Events
1
Relationships
3
Quotes

Document Information

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

This document is page 16 of a 'Global Cross Asset Strategy' report published by Bank of America Merrill Lynch on November 30, 2016. It analyzes global economic recovery, specifically focusing on Emerging Markets (EM) in Asia and recommending a 'Long Nikkei' position with a target of 20,000, citing the recent Trump election victory and Bank of Japan policies as factors. The document bears the Bates stamp 'HOUSE_OVERSIGHT_014447', indicating it was part of a document production to the House Oversight Committee, likely related to investigations involving major financial institutions.

People (2)

Name Role Context
Trump President-Elect (at the time)
Mentioned regarding 'new Trump administration' trade tensions and the 'Trump victory' impacting market moves.
Shusuke Yamada Japanese equity and FX strategist
Strategist at Bank of America Merrill Lynch arguing for weaker JPY and rebound in Japanese equities.

Organizations (6)

Name Type Context
Bank of America Merrill Lynch
Creator of the document/report.
Haver
Cited as a source for Chart 28.
Bloomberg
Cited as a source for charts.
OPEC
Mentioned in context of US strategists downgrading oil equity sector ahead of OPEC.
BOJ
Bank of Japan, mentioned regarding new policy stance pushing growth.
House Oversight Committee
Implied by the Bates stamp 'HOUSE_OVERSIGHT' indicating this document was part of a congressional document production.

Timeline (2 events)

November 2016
Trump Victory (US Election)
USA
November 30, 2016
Publication of Global Cross Asset Strategy Report
Global

Locations (4)

Location Context
Market region discussed (EM Asia).
Mentioned regarding Nominal GDP recovery and CNH put.
Focus of investment strategy (Nikkei, Japanese equities).
Mentioned regarding USD, yield curve, and oil equity position.

Relationships (1)

Referred to as 'Our Japanese equity and FX strategist Shusuke Yamada'

Key Quotes (3)

"The question then is whether the strong USD or trade tensions from the new Trump administration can outweigh the more positive macro backdrop."
Source
HOUSE_OVERSIGHT_014447.jpg
Quote #1
"Long Nikkei: target 20,000"
Source
HOUSE_OVERSIGHT_014447.jpg
Quote #2
"While arguably the JPY had turned beforehand, the Trump victory turbo charged the move."
Source
HOUSE_OVERSIGHT_014447.jpg
Quote #3

Discussion 0

Sign in to join the discussion

No comments yet

Be the first to share your thoughts on this epstein document