EFTA01458552.pdf

Deutsche Bank Securities Inc ., 42: List of DR US Equity Strategy research notes Research Title Date Research Title Date Debt ceiling showdowns A new WE to the election cycle? 28-Sep-15 Macro trends favor Retailers over Industrial Capital Goods, so do we 21Nov14 Fed delays: Less S&P upside for 2016 IS-Sep-15 Dollar and oil snip S&P 40 EPS 14-Nov-14 Stocks will leave hike decision to the Fed. but doss likely gams either way lbSeP-15 Slow growth, but strong payouts Definitive dividend vs blurry buybacks 7-Nov-14 Fast back to school assignment: Stress test 2016 S&P EPS estimates 4-Sec-IS Trick or treat? Skip the dark houses 31.0ct-14 Post correction: Better without the froth, but stir real risks to monitor 25-Aug-15 Post-bounce strategy into yearend 26-Oct-14 Further downside for global cychcals 21-Aug-15 Better time for consumers ahead, tougher time for producers 19-Oct-14 Stretching to hit numbers) GAAP vs. non-GAAP S&P EPS spread widens 14-Aug-15 Dollar Hulk? A somewhat stronger greenback ok, but beware the beast 10-Oct-14 Secular growth shines as acceleration hopes fade 6-Aug-15 Midterm elections matter, but no reason for correction 9-Oct-14 A chance to go away until Labor Day 19-Jul-15 Catching a falling knife? 26-Sep-14 Mother 'fish hook' earnings season 12-Jul-15 PE expansion 15 rare as the Fed hikes 19-Sep-14 The Hulk vs the Amazing Euro Hero Has the Euro found bottom at SI 10> 2-Jul-15 S&P EPS growth after the super-cycle 12-Sep-14 Got your 2H sector strategy ready) Consider Utilities over regional Banks 26-Jun-15 The Sewn Sirs Interest Rates, Oil Prices & the Dollar • 11-Sep-la Yellen keeps equities on bullish path 21-Jun-I5 20 EPS finishes with SW at its top 24-Aug-14 Bullish if dollar and yields settle here 12-Jun-15 Good reasons to return to the top 15-Aug-14 Dear Fed, avoid 1994 by hiking ;n Sep 5-Jun-15 Dog days of August Heat from interest rate and geopolitical anxiety 8-Aug-14 10 themes to watch this summer 29-May-15 Lo and behold: Participation rate ticks up, mitigating interest rate risk 1-Aug-14 S&P hits record high on 18 trailing PE. PE will be sensitive to Treasury yields 22-May-15 The pressure release valve gets stuck Treasury yields climb as stocks sell off 1.Aug-14 What rt Fed relents on hikes for 2015? A little EPS upside, but more PE risk 15-May-15 The Sewn Sirs Has the climb in yields begun? ' 31-Jul-14 Ascent of S&P margins continues 10%+ net margin survives Energy d:p 10-May-15 20 growth better, as expected, but leaves market PE driven 25-Jul-14 Jobs suggest: Fed hikes. stronger S. low inflation, flatter curve still ahead 1-May-15 Thematic sector strategy update OW Secular Growth sectors & Financials 18,Jul-14 Midway 10 earnings season update Barely clearing a low bar 26-Apr-I The hunt for sales growth 13-Jul-14 Meet & Maintain is new Beat & Raise ResultsIgades support $1113 S&P EPS 17-Apr-15 Help wanted. A partapason spurt with reliable productivity needed 2-Jul-14 What to expect for 10 and guidance? Burden on 21-1 fa up 2015 S&P EPS 12-Apr-I5 20 EPS: A moment of truth for EPS acceleration 30-Jun-14 The many measures of SW EN 2-Apr-15 The Golden Ratio. Real GDP/ Inflation 20-Jun-14 Banks are the last cheap stocks left: But what d the yield curve goes flat> 27-Mar-15 Summer Flip-book ' 1Bslun-14 2015's SW 500 tug-of-war intensifies: Dimmer En vs. brighter PE outlook 22-Mar-15 S&P 500 Valuation. Sum of Sectors 13-Jun-14 The Hulk flexes, S&P EPS shrinks 13-Mar-15 S&P Va'uation Chapbook - Snapshot at another record Ngh ' 13-Jun-I4 Is S&P ready for Fed hikes? 10 FAOs 9-Mar-15 Chasing in the summer: Is IT worth it? 6-Jun-14 Reaching for small caps. selectively Prefer small Retailers vs small Banks 27-Feb-15 Standing on the shoulders of bonds YJA,lay-14 Tech Titans can overcome the Hulk 1S-Feb-15 GDP is a deceptive denominator: Several popular charts improved 22-May-14 Why should investors look through it> 6-Feb-I5 Bank those Energy gs its 16-May-14 Repatriation holiday: Good step to a territorial system, but not a substitute 3-Feb-15 Yields are key to S&P PE & Styles: Watch Participation & Productivity 11-May-14 Fincing Domestic S&P 500 stocks: Both Domestic Cyclica;s & Defensives 30-Jan-I 5 Signature Chairs ' 9-May-14 2015 S&P gains now PE expansion dependent 26Jant No sweat yet for welds, but more heat to come 2-May-14 S&P 500Industrial Capital Goods. High risk, low reward - Vet9 prefer Tech IS-Jan-15 Can yields stay cool this summer as growth heats up 25-Apr -14 Seven Signs: 2 Red, 4 Yellow. 1 Green 13-Jan-15 More rotation and reset? Watch yields 17-Apr-14 The PE tug-of-war continues in 2015 Slow EPS growth vs low bond yields 11-Jan-I5 April showers Aunt Yellen to give less and Uncle Sam to take more 13-Apr-14 2015 S&P Outlook: Better time for consumers, but tougher for producers 15-Dec-14 10 EPS Preview: Cold from banks to retailers. but rest of year to warm-up 4-Apr-14 What's a profit recession? 5-Deo-la The small cap growth correction 30- Mar-14 Happy Thanksgiving US GDP vs. S&P 26-Nov-14 S&P 503 sources and uses of cash How to deploy V trillion? 23-Mar-14 US equity strategy 2015 Outlook 2016 S&P Outlook Better time for consumers, but tougher for producers 15-Dec-14 ' Cnotbow, outAra,ons kin". DateenII•nt N5 CO CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0118518 CONFIDENTIAL SDNY_GM_00264702 EFTA01458552