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Microsoft Word - 07-25-11 - EOTM - White Castle.docx
60% ceiling AX 50% =e Debt limit to 3x 40% gov. receipts 30% —> 2x 20% 1x 1950 1956 1962 1968 1974 1980 1986 1992 1998 2004 2010 Source: OMB, BEA, J.P. Morgan Private Bank. Over the last few days, the Gang of Six plan, the Reid-McConnell plan and the Obama-Boehner plan have all been raised up the flagpole and then lowe
Page: HOUSE_OVERSIGHT_025221 →explain how they get to the President’s baseline in the first place. 1 HOUSE_OVERSIGHT_025221 --- PAGE BREAK --- Eye on the Market | July 25, 2011 J.P Morgan Topics: US debt ceiling negotiations, a more ambitious European bailout plan (finally), and how large cap growth stocks and rising corporate profits
Page: HOUSE_OVERSIGHT_025222 →ofits are patiently waiting for both of them to end I have a feeling that revenue increases will be a material (e.g., 25% or more) part of the deal. The Peterson Foundation’s sampling of 6 policy groups shown below indicate that 5 of 6 recommend revenue increases compared to where we are today; the Heritage Foundation’s “W
Page: HOUSE_OVERSIGHT_025222 →Industrial production Index, 100 = January 2007 110 105 100 95 90 85 80 15 2007 2009 2010 2011 Source: INE, CSO, ISTAT, NSS, Eurostat, Bundesbank, J.P. Morgan Securities LLC, J.P. Morgan Private Bank. Periphery = Portugal, Ireland, Italy, Greece, Spain. 2008 * The current EFSF lending capacity is Eur 255 b
Page: HOUSE_OVERSIGHT_025223 →Eye on the Market, July 25, 2011
raising the debt ceiling YS , , + . + . 1950 1956 1962 1968 1974 1980 1986 1992 1998 2004 2010 Debt limit to gov. receipts nd Source: OMB, BEA, J.P. Morgan Private Bank Over the last few days, the Gang of Six plan, the Reid-McConnell plan and the Obama-Boehner plan have all been raised up the flagpole and then lower
Page: HOUSE_OVERSIGHT_025215 →Bank. cuts to discretionary and entitlement spending Ihave a feeling that revenue increases will be a material (e.g., 25% or more) part of the deal. The Peterson Foundation’s sampling of 6 policy groups shown below indicate that 5 of 6 recommend revenue increases compared to where we are today; the Heritage Foundation’s “W
Page: HOUSE_OVERSIGHT_025216 →antee of future results. References to the performance or character of our portfolios generally refer to our Balanced Model Portfolios constructed by J.P. Morgan. It is a proxy for client performance and may not represent actual transactions or investments in client accounts. The model portfolio can be
Page: HOUSE_OVERSIGHT_025220 →Eye on the Market, July 25, 2011
a material (e.g., 25% or more) part of the deal. The Peterson Foundation's sampling of 6 policy groups shown below indicate
antee of future results. References to the performance or character of our portfolios generally refer to our Balanced Model Portfolios constructed by J.P. Morgan. It is a proxy for client performance and may not represent actual transactions or investments in client accounts. The model portfolio can be
Page: HOUSE_OVERSIGHT_031164 →Entities connected to both JPMorgan Chase and The Peterson Foundation
J.P. Morgan Securities LLC
ORGANIZATIONMichael Cembalest
PERSON
Harry Reid
PERSON
Barack Obama
PERSON
Ronald Reagan
PERSON
Mitch McConnell
PERSON
Eleanor Roosevelt
PERSONthe European Monetary Union
ORGANIZATION
Bundesbank
ORGANIZATION
Belgium
LOCATION
the Institute of International Finance
ORGANIZATION
Empirical Research Partners
ORGANIZATION
Moody’s
ORGANIZATIONJ.P. Morgan U.S. Private Bank
ORGANIZATION
Alliance Bernstein
ORGANIZATION
Office of Management and Budget
ORGANIZATION
Eurostat
ORGANIZATION
Maastricht
LOCATION
FactSet
ORGANIZATIONHamiltonian Advisors
ORGANIZATION