Epstein Secrets

Eye on the Market June 14, 2011 J.P.Morgan Topics: On lessons learned running the Stratford Inn Market update: for better or worse, this is the kind of year we were expecting. We were surprise

ficit-neutral basis. 4 According to methodology described by Keith Poole of the University of San Diego in the American Journal of Political Science, McGovern ranks as the 99" most liberal politician out of 3,320 politicians serving from 1937 to 2002. ' In a letter to the Wall Street Journal. Reprinted with

e do we set the bar so that it is not too high to clear? I don't have the answer. I do know that we need to start raising these questions more often. J.P.Morgan So, there you have it, one of the more remarkable epiphanies in American politics: a paean to entrepreneurship and government restraint from one of i

is not intended or written to be used, and cannot be used, in connection with the promotion, marketing or recommendation by anyone unaffiliated with JPMorgan Chase & Co. of any of the matters addressed herein or for the purpose of avoiding U.S. tax-related penalties. Note that J.P. Morgan is not a licensed insuranc

tained herein is intended at a general market commentary. Opinions expressed herein are those of Michael Cembalest and may differ from those of other J.P. Morgan employees and affiliate& This information in no way constitutes JP Morgan research and should not be treated as. uch. Reinke& the views expressed her

client and is serviced through distinct legal entitles Ranted for specific activities. Bank. trust and investment management services an provided by J.P Morgan Chase Bank N.A. and its affiliates Securities are offered through J.P. Morgan Securities LLC (JPMS), Member NYSE. FINRA and SIPC. Securities products purchased or s

t anyone involved in the jobs debate should be required to read the article below, written after the prior deep US recession (1990-1991). It's from George McGovern, one of the most liberal politicians [b] ever to hold office and run for President. His epiphanies after leaving office and running the Stratford In

t—neutral basis. [b] According to methodology described by Keith Poole of the University of San Diego in the American Journal of Political Science, McGovern ranks as the 99th most liberal politician out of 3,320 politicians serving from 1937 to 2002. [c] In a letter to the Wall Street Journal. Reprinted

tries are struggling with below-trend growth and employment. Perhaps after a debt binge, there are no easy answers, other than time. What to do next? McGovern's article suggests that an overly interventionist public sector may be the wrong answer, given the unintended consequences. Michael Cembalest Chief I

tained 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 be treated as such. Further, the views ex

ient and is serviced through distinct legal entities licensed for specific activities. Bank, trust and investment management services are provided by J.P. Morgan Chase Bank, N.A, and its affiliates. Securities are offered through J.P. Morgan Securities LLC (JPMS), Member NYSE, FINRA and SIPC. Securities products purchased or

is not intended or written to be used, and cannot be used, in connection with the promotion, marketing or recommendation by anyone unaffiliated with JPMorgan Chase & Co. of any of the matters addressed herein or for the purpose of avoiding U.S. tax-related penalties. Note that J.P. Morgan is not a licensed insurance p

tries are struggling with below-trend growth and employment. Perhaps after a debt binge, there are no easy answers, other than time. What to do next? McGovern's article suggests that an overly interventionist public sector may be the wrong answer, given the unintended consequences. Michael Cembalest Chief I

ient and is serviced through distinct legal entities licensed for specific activities. Bank, trust and investment management services are provided by J.P. Morgan Chase Bank, N.A, and its affiliates. Securities are offered through J.P. Morgan Securities LLC (JPMS), Member NYSE, FINRA and SIPC. Securities products purchased or

tained 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 emplovees and affiliates. This information in no way constitutes J.P. Morgan research and should not be treated as such. Further, the views exp

is not intended or written to be used, and cannot be used, in connection with the promotion, marketing or recommendation by anyone unaffiliated with JPMorgan Chase & Co. of any of the matters addressed herein or for the purpose of avoiding U.S. tax-related penalties. Note that J.P. Morgan is not a licensed insurance p