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Extraction Summary

3
People
5
Organizations
5
Locations
1
Events
3
Relationships
5
Quotes

Document Information

Type: Financial research report
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Summary

This document is page 15 of a 'Global Cross Asset Strategy' report by Bank of America Merrill Lynch dated November 30, 2016. It analyzes global equity markets post-US election, recommending long positions in the Nikkei and Emerging Market (EM) Asia due to favorable valuations compared to the US. The report cites strategists Savita Subrahamian, Ajay Kapur, and Nigel Tupper regarding market forecasts and bears a 'HOUSE_OVERSIGHT' Bates stamp.

People (3)

Name Role Context
Savita Subrahamian Strategist
Has a target for the US of 2300 in her year ahead report.
Ajay Kapur Strategist
Upgraded his call to buy from a tactical pause post the election; notes Chinese nominal GDP growth acceleration.
Nigel Tupper Strategist
His 'global wave' has continued to improve; argues for strong performance from Asia ex Japan equities.

Organizations (5)

Name Type Context
Bank of America Merrill Lynch
Author of the Global Cross Asset Strategy report.
MSCI
Source for market data in tables and charts.
IBES
Source for market data in tables and charts.
Fed
Mentioned regarding hawkish stance.
House Oversight Committee
Implied by the Bates stamp 'HOUSE_OVERSIGHT_014446'.

Timeline (1 events)

2016-11
US Election
US

Locations (5)

Location Context
US
Discussed regarding election impact and valuations.
Market performance discussed.
Recommended as cheap; Nikkei index mentioned.
Specifically EM Asia and Asia ex Japan discussed as investment targets.
Nominal GDP growth mentioned.

Relationships (3)

Mentioned as a strategist within the BofA report.
Ajay Kapur Employee/Strategist Bank of America Merrill Lynch
Mentioned as a strategist within the BofA report.
Nigel Tupper Employee/Strategist Bank of America Merrill Lynch
Mentioned as a strategist within the BofA report.

Key Quotes (5)

"Global equity markets have gone in very different directions post the US election."
Source
HOUSE_OVERSIGHT_014446.jpg
Quote #1
"This is not how we were positioned so we need to ask the question of whether and what we need to change."
Source
HOUSE_OVERSIGHT_014446.jpg
Quote #2
"Japan relatively cheap at 14.1x fwd earnings"
Source
HOUSE_OVERSIGHT_014446.jpg
Quote #3
"Savita Subrahamian has a target for the US of 2300 in her year ahead Euphoria or fiscal fizzle?"
Source
HOUSE_OVERSIGHT_014446.jpg
Quote #4
"Ajay Kapur actually upgraded his call to buy from a tactical pause post the election"
Source
HOUSE_OVERSIGHT_014446.jpg
Quote #5

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