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Thomas Lee, Chief U.S. Equity Strategist Also participating: Alex White, European Policy Strategist; Malcolm Barr, Senior European Economist; • Pavan Wadhwa, Global Head of Interest Rate Strategy, Nikolaos Panigirtzoglou, Global Market Strategist. North America Equity Research 26 June 2012 Portfolio S
in Hong Kong. Korea:. Morgan Securities (Far East) Ltd, Seoul Branch, is regulated by the Korea Financial Supervisory Service. Australia: E. Morgan Australia Limited (ABN 52 002 888 01 I/AFS Licence No: 238188) is regulated by ASIC and E. Mo Securities Australia Limited (ABN 61 003 245 234/AFS Licence No: 238066
uities. Hosted by: • Thomas Lee, Chief U.S. Equity Strategist Also participating: • David Mackie. Head of Western Europe Economic Research; • Pavan Wadhwa, Global Head of Interest Rate Strategy; Alexander White (tentative), European Policy Strategist; Nikolaos Panigirtzciglou, Global Market Strategist
ng Kong. Korea: J.P. Morgan Securities (Far East) Ltd, Seoul Branch. is regulated by the Korea Financial Supervisory Service. Australia: J.P. Morgan Australia Limited (AUN 52 002 888 011rAFS Licence No: 238188) is regulated by ASIC and J.P. Morgan Securities Australia Limited I ABN 61 003 245 3 EFTA_R1_02061136
kets Outlook and Strategy. Jan Loeys, Bruce Kasman. et al. US Fixed Income Markets, Terry Belton and Srini Ramaswamy Global Fixed Income Markets, Pavan Wadhwa and Fabio Bassi Emerging Markets Outlook and Strategy. Joyce Chang Key trades and risk: Emerging Market Equity Strategy. Adrian Mowat et al. Flo
ng Kong. Korea: J.P. Morgan Securities (Far East) Ltd, Seoul Branch. is regulated by the Korea Financial Supervisory Service. Australia: J.P. Morgan Australia Limited (ABN 52 002 888 011/AFS Licence No: 238188) is regulated by ASIC and J.P. Morgan Securities Australia Limited (ABN 61 003 245 234/A FS Licence No: 2
Entities connected to both Pavan Wadhwa and Australia Limited

JPMorgan Chase
ORGANIZATIONthe Philippine Stock Exchange
ORGANIZATIONthe Mexican Stock Exchange
ORGANIZATIONthe Taiwan Securities and Futures Bureau
ORGANIZATIONBombay Stock Exchange Limited
ORGANIZATIONthe Stock Exchange of Thailand
ORGANIZATIONKanto Local Finance Bureau
ORGANIZATIONthe National Banking and Securities Exchange Commission
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Malaysia
LOCATION
Philippines
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New Zealand
LOCATIONthe Central Bank of Brazil
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the Ministry of Finance
ORGANIZATIONSantacruz East
LOCATIONthe Indonesia Stock Exchange
ORGANIZATIONthe Johannesburg Securities Exchange
ORGANIZATIONthe Securities and Futures Commission
ORGANIZATIONThe Financial Futures Association of Japan
ORGANIZATIONthe Dubai Financial Services Authority
ORGANIZATIONthe Korea Financial Supervisory Service
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