Bank of America Merrill Lynch strategist predicts tax reform delays and market pullback; cites political pressures and proposes 5% VAT
Summary
The email contains specific market forecasts tied to U.S. tax reform legislation, mentions senior policymakers, and outlines a proposed 5% VAT that could affect billions in assets and foreign exchange David Woo, BAML head of FX, Rates and EM Strategy, met senior policymakers in DC (Mar 2017). Predicts a 6‑8 week market pullback due to policy disappointment and recommends buying S&P puts. Claims ta
This document is from the House Oversight Committee Releases.
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