Epstein Secrets

25% is now invested in Irish bank stocks, with another 50% subject to liquidation to fund the bailout. This follows on similar decisions in Spain, Hungary and France to repurpose diversified pension funds into government bonds. The Koreas: playktg with fire We wrote about India recently ("From Nehru

try to a very painful future*. The continued gutting of the Irish national pension fund is, to put it mildly, a controversial decision**. Meanwhile, Eurogroup president Jean Claude Juncker said this over the weekend: "I am concerned that in Germany, the federal and local authorities are slowly losing sight

25% is now invested in Irish bank stocks, with another 50% subject to liquidation to fund the bailout. This follows on similar decisions in Spain, Hungary and France to repurpose diversified pension funds into government bonds. EFTA00751571 Eye on the Market I November 29, 2010 J.P.Morgan Topics:

try to a very painful future'. The continued gutting of the Irish national pension fund is, to put it mildly, a controversial decision2. Meanwhile, Eurogroup president Jean Claude Juncker said this over the weekend: "I am concerned that in Germany, the federal and local authorities are slowly losing sight

ortuguese default; a Greek euro exit; or a major external growth shock. Return to macro stability Key dates 5 July ECB press conference 9-10 July Eurogroup/ECOFIN-Meeting 24 July Eurozone purchasing manager indices (PMI), July estimates 36 UBS Bottoming in Eurozone leading indicators (PMI) in June? 6

ward cash-rich and faster- growing Asia. Emerging market country preferences Current most Current least preferred markets preferred markets Brazil Hungary China Indonesia Mexico Poland We currently have a neutral view on the remaining emerging equity markets in the MSCI EM index. For further informati

ult; a Greek euro exit before the end of 2012; or a major external shock. Key dates TBD Troika report on Greece 8 Nov ECB press conference 12 Nov Eurogroup meeting 15 Nov Eurozone GDP 3Q: first estimate 22 Nov Eurozone composite purchasing managers index 22-23 Nov European Council 2 UBS Purchasing ma

stands ready to buy the bonds of compliant Eurozone governments has lessened the tail risks for the smaller European emerging equity markets (Turkey, Hungary, Poland), but their equity markets are susceptible to setbacks. Strategic (1 to 2 years) e Strategically, we would advise that EM portfolios tilt t