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HOUSE_OVERSIGHT_011279

House Oversight Committee
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Trades Gaining Momentum: Finance-Related Assets vs. S&P 500

Oiversiied Financtsts Barks Prranciats S&P 500

Source: Kensho Technologies

The Flow Show, Michael Hartnett, 11/18. Violent rotation: record equity ETF inflow, record financials inflow, biggest bond outflow in 3.5 yrs, record EM debt outflow.

Regards, Amanda

Amanda Ens

Director | Global Equities

Bank of America Merrill Lynch

Merrill Lynch, Pierce, Fenner & Smith Incorporated

One . Park | 5th Floor | New York, NY 10036 Phone: Mobile:

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HOUSE_OVERSIGHT_011279