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HOUSE_OVERSIGHT_016154.jpg

This document is page 44 of a BofA Merrill Lynch financial research report titled 'GEMs Paper #26', dated June 30, 2016. It analyzes the Saudi Arabian economy, specifically focusing on earnings revision ratios (ERR), Brent Crude oil prices, and GEM fund allocations. The document bears the Bates stamp 'HOUSE_OVERSIGHT_016154', indicating it is part of evidence collected by the House Oversight Committee, likely related to investigations into financial institutions' dealings with Jeffrey Epstein, though Epstein is not named on this specific page.

Financial research report / market analysis
2025-11-19
Analysis Source

HOUSE_OVERSIGHT_016153.jpg

This document is page 43 of 'GEMs Paper #26', a financial research report produced by Merrill Lynch on June 30, 2016. The content analyzes the Saudi Arabian market valuation against Emerging Markets (EM) and Global Emerging Markets (GEM) peers, utilizing various charts (P/E, P/B, EV/EBITDA ratios). It discusses sector performance and the 'Earnings Revision Ratio' (ERR) in the context of a weakening economic outlook. The page bears the stamp 'HOUSE_OVERSIGHT_016153', indicating it was produced as evidence for a House Oversight Committee investigation.

Financial research report / house oversight committee evidence
2025-11-19
Analysis Source
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