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Microsoft Word - 08-04-11 - EOTM - Market update.docx
need for more policy tightening; and the mixed track record of low interest rates to sustainability solve structural problems. The cover of the 2011 Outlook (a printing press, out of control) expressed our concern regarding a recovery built upon a stimulus machine. I would contrast this with the cover of
Page: HOUSE_OVERSIGHT_025229 →o put in their current forecasts. Most summarily dismissed our concerns that the recovery earlier this year had elements of a stimulus-driven mirage. Bridgewater Associates was the only firm we spoke to that consistently highlighted the broader process of household deleveraging; and cautioned that when stimulus faded, so
Page: HOUSE_OVERSIGHT_025229 →On today's financial market developments
o put in their current forecasts. Most summarily dismissed our concerns that the recovery earlier this year had elements of a stimulus-driven mirage. Bridgewater Associates was the only firm we spoke to that consistently highlighted the broader process of household deleveraging; and cautioned that when stimulus faded, so
Page: HOUSE_OVERSIGHT_025226 →need for more policy tightening; and the mixed track record of low interest rates to sustainability solve structural problems. The cover of the 2011 Outlook (a printing press, out of control) expressed our concern regarding a recovery built upon a stimulus machine. I would contrast this with the cover of
Page: HOUSE_OVERSIGHT_025227 →On today's financial market developments
o put in their current forecasts. Most summarily dismissed our concerns that the recovery earlier this year had elements of a stimulus-driven mirage. Bridgewater Associates was the only firm we spoke to that consistently highlighted the broader process of household deleveraging; and cautioned that when stimulus faded, so
Page: HOUSE_OVERSIGHT_031156 →need for more policy tightening; and the mixed track record of low interest rates to sustainability solve structural problems. The cover of the 2011 Outlook (a printing press, out of control) expressed our concern regarding a recovery built upon a stimulus machine. I would contrast this with the cover of
Page: HOUSE_OVERSIGHT_031157 →Entities connected to both Outlook and Bridgewater Associates

Bill Clinton
PERSON
United States
LOCATION
Bloomberg L.P.
ORGANIZATION
JPMorgan Chase
ORGANIZATIONMichael Cembalest
PERSON
John F. Kennedy
PERSON
Oliver Stone
PERSONMartin Weinberg
PERSON
Angela Merkel
PERSONthe European Monetary Union
ORGANIZATIONJ.P. Morgan Securities LLC
ORGANIZATION
Bundesbank
ORGANIZATION
Cynthia Nixon
PERSON
Don Quixote
PERSON
Marty Feldstein
PERSON
Moody’s
ORGANIZATION
Delaware
LOCATION
Michael Jackson
PERSON
Aspen Insights
ORGANIZATIONTrichet
PERSON