Amanda Ens advises Jeffrey E. and Richard Kahn to buy financials as a medium-term trade following the 2016 election. She suggests a specific XLF call spread to capitalize on the 'Trump trade,' which is expected to involve deregulation (specifically of Dodd-Frank), higher interest rates, and economic growth. She notes market optimism about the incoming administration and mentions an upcoming 60 Minutes interview with Trump as a potential market-moving event.
This document is an email from Amanda Ens, a Director at Bank of America Merrill Lynch, to 'jeffrey E.' (likely Jeffrey Epstein) and Richard Kahn on November 11, 2016. Ens advises them to invest in the financial sector to profit from the 'Trump Trade,' anticipating deregulation and economic growth under the new administration. The email recommends a specific options trade (XLF call spread) and notes that the market is highly optimistic about deregulation, with a forthcoming Trump interview on 60 Minutes identified as a key event.
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