Deutsche Bank Securities Inc. -v Figure 4B: List of DB US Equity Strategy research notes Research Title What if Fed relents on hikes for 2015> A little EPS upside. but more PE risk Ascent of S&P margins continues: 10%+ net margin survives Energy dip Jobs suggest. Fed hikes. stronger $. low vitiation, flatter curve still ahead Mdway 1O earnings season update. Barely clearing a low bar Meet & Maintain is new Beat & Raise Results'gudes support $118 S&P EPS What to expect for 1O and guidance' Burden on 2H for up 2015 S&P EPS The many measures of S&P EPS Banks are the last cheap stocks left: But what if the yield curve goes flat? 2015's S&P 500 tug-of-war intensifies. Dimmer EPS vs brighter PE outlook The Hulk flexes. S&P EPS shrinks Is S&P ready for Fed hikes 10 FAOs Reachng for small caps. Selectively: Prefer small Retailers vs. small Banks Tech Titans can overcome the Hulk Why should investors look through it? Repatriation holiday Good step to a territorial system, but not a substitute Finding Domestic S&P 500 stocks. Both Domestic Cyclicals & Defensives 2015 S&P gains now PE expansion dependent S&P 500 Industrial Capital Goods: High risk. low reward we prefer Tech Seven Signs 2 Red, 4 Yellow. 1 Green The PE tug-of-war continues in 2015: Slow EPS growth vs. Vow bond yields 2015 S&P Outlook Better time for consumers. but tougher for producers What's a profit recession Happy Thanksgiving. US GDP vs S&P Macro trends favor Retailers over Industrial Captal Goods, so do we Dollar and oil snip S&P 4O EPS Slow growth, but strong payouts: Definitive divdend vs blurry buybacks Trick or treat> Skip the dark houses Post-bounce strategy into yearend Better time for consumers ahead, tougher time for producers Dollar Hulk, A somewhat stronger greenback ok. but beware the beast Midterm elections matter. but no reason for correction Buy the dig, but stick with strength. Secular growth of Tech & Health Care Catchng a falling knife> PE expansion s r