From: "Paul V. Morris" 4

From: "Paul V. Morris" 4 To: Jeffrey Epstein <[email protected]> Subject: August RIC Report — Market action, Washington inaction Date: Mon, 28 Aug 2017 18:20:33 +0000 PBIG logo The RIC Report Market action, Washington inaction In our August RIC Report our BotA ML Research analysts discuss two impending fiscal priorities in Congress. The collision of these deadlines could likely spark market volatility. Strategist Michael Hartnett also highlights the recent changes in central banks, noting that we're on the cusp of global synchronized monetary tightening. And though economic growth has remained steady, with 1.3 million jobs generated over the first 7 months of the year, consumer spending has lagged due to a lack of wage gains to accommodate inflation. To learn more, read the full report, Market action Washington inaction. After you've taken a look, feel free to reach out if you would like to discuss how to put these insights to use as you work towards your goals. Sincerely, The Morris Group Private Wealth Manager PP The Morris Group Private Wealth Manager One Bryant Park, 28th Floor New York, NY 10O36 (212) 680-5919 EFTA00670459 If you prefer not to receive future emails from updates.ml.com click here Merrill Lynch makes available products and services offered by Merrill Lynch, Pierce, Fenner & Smith Incorporated ("MLPF&S") and other subsidiaries of Bank of America Corporation ("BofA Corp."). The Private Banking and Investment Group is a division of MLPF&S that offers a broad array of personalized wealth management products and services. Both brokerage and investment advisory services (including financial planning) are offered by the group's private wealth advisors through MLPF&S. The nature and degree of advice and assistance provided, the fees charged, and client rights and Merrill Lynch's obligations will differ among these services. Investments involve risk, including the possible loss of principal investment. Any information presented in connection with BofA Merrill Lynch Global Research is general in nature and is not intended to provide personal investment advice. The information does not take into account the specific investment objectives, financial situation and particular needs of any specific person who may receive it. Investors should understand that statements regarding future prospects may not be realized. The banking, credit and trust services sold by the group's private wealth advisors are offered by licensed banks and trust companies, including Bank of America, N.A., member FDIC, and other affiliated banks. Investing involves risk. There is always the potential of losing money when you invest in securities. All asset classes are not suitable for all investors. Each investor should select the asset classes for them based on their goals, time horizon and risk tolerance. Asset allocation and diversification do not ensure a profit or protect against loss in declining markets. Investment products: Are Not FDIC Insured Are Not Bank Guaranteed May Lose Value MLPF&S is a registered broker-dealer, registered investment advisor, Member SIPC and a wholly owned subsidiary of BofA Corp. i 2017 Bank of America Corporation. All rights reserved.' ARDVLWGQ 08/2017 EFTA00670460 R R EFTA00670461