EFTA01367816.pdf

C N Deutsche Bank Securities Inc. Figure 4B: List of DB US Equity Strategy research notes en Research Title Date Research Title Date .0 c What if Fed relents on hikes for 2015> A little EPS upside. but more PE risk 15-May-I5 The pressure release valve gets stuck Treasury yields climb as stocks sell off 1-Aug-14, Ascent of S&P margins continues: 10%+ net margin survives Energy dip 10.May.15 The Seven Signs: Has the clrnb in yields begun? " 31-Jul-14 Jobs suggest. Fed hikes. stronger $. low vitiation, flatter curve still ahead 1-May-15 2O growth better, as expected. but leaves market PE driven 25-Jul-14 Mdway 1O earnings season update. Barely clearing a low bar 26-Apr-15 Thematic sector strategy update. OW Secular Growth sectors & Financials 18-Jul-14 Meet & Maintain is new Beat & Raise Results'gudes support $118 S&P EPS 17-Apr-I5 The hunt for sales growth 13-Jul-14 What to expect for 1O and guidance' Burden on 2H for up 2015 S&P EPS 12-Apr-15 Help wanted. A participation spurt with releble productivity needed 2-Jul-14 The many measures of S&P EPS 2-Apr-I5 2O EPS. A moment of truth for EPS acceleration 30-Jun-14 Banks are the last cheap stocks left: But what if the yield curve goes flat? 27-Mar-15 The Golden Ratio: Real GDP / Inflation 20-Jun-14 2015's S&P 500 tug-of-war intensifies. Dimmer EPS vs brighter PE outlook 22-Mar-I 5 Summer Flp-book ' 18-Jun-14 The Hulk flexes. S&P EPS shrinks 13-Mar-15 S&P 500 Valuation: Sum of Sectors 13-Jun-14 Is S&P ready for Fed hikes 10 FAOs -9Mar -I5 S&P Valuation Chapbook Snapshot at another record high ' 13-Jun-14 Reachng for small caps. Selectively: Prefer small Retailers vs. small Banks 27-Feb1S Chasing in the summer: Is it worth it? 6-Jun-14 Tech Titans can overcome the Hulk 18-Feb -I5 GOP s a deceptive denominator: Several popular charts improved 22-May-14 Why should investors look through it? 6-Feb-15 GDP is a deceptive denominator: Several popular charts improved 22-May-14 Repatriation holiday Good step to a territorial system, but not a substitute -3Feb-IS Bank those Energy gains 16-May-14 Finding Domestic S&P 500 stocks. Both Domestic Cyclicals & Defensives 30-Jan-15 Yields are key to SW PE & Styles: Watch Partcpation & Productivity 11-May-14 2015 S&P gains now PE expansion dependent 25-Jan-I5 Signature Charts ' 9-May-14 S&P 500 Industrial Capital Goods: High risk. low reward we prefer Tech 18-Jan-15 No sweat yet for yields, but more heat to come 2-May-14 Seven Signs 2 Red, 4 Yellow. 1 Green 13-Jan-15 Can yields stay cool this summer as growth heats up> 25-Apr-14 The PE tug-of-war continues in 2015: Slow EPS growth vs. Vow bond yields 11-Jan-I5 More rotation and reset? Watch yields 17-Apr-14 2015 S&P Outlook Better time for consumers. but tougher for producers 15-Dec-14 April showers Aunt Yellen to give less and Uncle Sam to take more 13-Apr-14 What's a profit recession 5-Dec-14 1O EPS Preview: Cold from banks to retailers, but rest of year to wane-up 4-Apr-14 Happy Thanksgiving. US GDP vs S&P 26-Nov-14 The small cap growth correction 30-Mar-14 Macro trends favor Retailers over Industrial Captal Goods, so do we 21-Nov-14 S&P 500 sources and uses of cash: How to deploy $1 tnllion? 23-Mar-14 Dollar and oil snip S&P 4O EPS 14-Nov-14 Stronger EPS growth in 2H14. but last Iwo cycles difficult acts to follow 16-Mar-14 Slow growth, but strong payouts: Definitive divdend vs blurry buybacks 7-Nov-14 Straining the back of buybacks? 9-Mar-14 Trick or treat> Skip the dark houses 31.Oct-14 S&P CFOs. Five things to do in 2014 28-Feb-14 Post-bounce strategy into yearend 26-Oct-14 S&P Valuation Chartbook - Snapshot at a record high 28-Feb-14 Better time for consumers ahead, tougher time for producers 19-Oct-14 Mind the gap Non GAAP vs GAAP EPS, book value trend and Tobin's O 21-Feb-14 Dollar Hulk, A somewhat stronger greenback ok. but beware the beast 1O-Oct-14 Capex Conditions & Outlook 19-Feb-14 Midterm elections matter. but no reason for correction -9Oct-14 S&P has reasons to revisit its 2014 top & bottom Trade range w/ Energy 16-Feb-14 Buy the dig, but stick with strength. Secular growth of Tech & Health Care 5-Oct-14 The new ideal GoldeOCks economy: US not too hot, China not too cold 7-Feb-14 Catchng a falling knife> 26 -Sep-14 Dp lustiftd. but core thesis intact Not superstitious about January 2-Feb-14 PE expansion s rare as the Fed hikes 19-Sep-14 4O EPS tracking up 8%, instead of 10%: Favor low PEs and big-cap Tech 24-Jan-14 S&P EPS growth after the super.cycle 12-Sep- 14 Reasons for above avg. PE now needed dividends vs interest rates? 17-Jan-14 The Seven Spans: Interest Rates, Oil Pnces & the Doran' 11-Sep-14 4O EPS to be strong, but wan for dips to buy: 3 reasons why it pays to wait 12-Jan-14 2Q EPS finishes with S&P at its top 24-Aug- 14 Stay constructive. but alSo be patient 13-Dec-13 Good reasons to return to the top 15-Aug-14 Dividend payout ratio vs. EPS growth 2-Dec-13 Dog days of August Heat from interest rate and geopolitical anxiety -8Aug-14 Leaving the old trading range behind 27-Nov-13 Lo and behold: Participation rate ticks up. mitigating interest rate risk I -Aug-14 1800' Growth is all that matters now 22-Nov-13 US equity strategy 2015 Outlook 2015 SW Outlook Better time for consumers, but tougher for producers 5-Dec-14 • che•teon• pc* carnnV Sauce Oeceicneuea -v CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0059430 CONFIDENTIAL SDNY_GM_00205614 EFTA01367816