4
Shared Docs
1
Same-Page
4 / 4
Mentions
ves ought to bear". As time grows short, we are left hoping for divine inspiration to drive a sound compromise, perhaps driven by Senators Reid and McConnell; maybe we'll have one next week. Bottom line: don't sell your gold. Michael Cembalest Chief Investment Officer On asset sales to fund government o
tion to drive a sound compromise, perhaps driven by Senators Reid and McConnell; maybe we'll have one next week. Bottom line: don't sell your gold. Michael Cembalest Chief Investment Officer On asset sales to fund government operations If the debt ceiling is not raised, asset sales may be a better option in the
Eye on the Market, July 25, 2011
the last few days, the Gang of Six plan, the Reid-McConnell plan and the Obama-Boehner plan have all been rai
Page: HOUSE_OVERSIGHT_025215 →rings, measuring 2.5 inches square. The material contained herein is intended as a general market commentary. Opinions expressed herein are those of Michael Cembalest and may differ from those of other J.P. Morgan employees and affiliates. This information in no way constitutes J.P. Morgan research and should not b
Page: HOUSE_OVERSIGHT_025220 →Microsoft Word - 07-25-11 - EOTM - White Castle.docx
the last few days, the Gang of Six plan, the Reid-McConnell plan and the Obama-Boehner plan have all been rai
Page: HOUSE_OVERSIGHT_025221 →cap growth stocks Post-dividend free cash flow margin ‘71 ‘74 ‘77 '80 '83 ‘86 '89 '92 '95 '98 ‘01 '04 ‘07 '10 Source: Empirical Research Partners. Michael Cembalest Chief Investment Officer CBO Congressional Budget Office OMB Office of Management and Budget EFSF European Financial Stability Facility FICA Federa
Page: HOUSE_OVERSIGHT_025225 →Eye on the Market, July 25, 2011
the last few days, the Gang of Six plan, the Reid-McConnell plan and the Obama-Boehner plan have all been rai
Page: HOUSE_OVERSIGHT_031159 →s been below consensus, which would be consistent with the recent batch of reports indicating a slowdown in manufacturing and service sector surveys. Michael Cembalest Chief Investment Officer Notes [a] Bundesbank President Weidmann, in response to last week's package: "By transferring significant risks to the suppo
Page: HOUSE_OVERSIGHT_031163 →Entities connected to both Mitch McConnell and Michael Cembalest

Jeffrey Epstein
PERSON
Barack Obama
PERSON
Bloomberg L.P.
ORGANIZATIONLeon Black
PERSON
George W. Bush
PERSON
Bill Clinton
PERSON
Prince Charles
PERSON
United States
LOCATION
Michael Jackson
PERSONEmmy Taylor
PERSON
Marc Rich
PERSON
Ghislaine Maxwell
PERSON
John F. Kennedy
PERSON
Dick Cheney
PERSON
Condoleezza Rice
PERSON
Harry Reid
PERSON
Middle East
LOCATION
Oliver Stone
PERSON
U.S. Treasury
ORGANIZATION
Ronald Reagan
PERSON