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On today's financial market developments
ide back into Soviet rule, or anarchy (that view turned out to be wrong). Anyone market-weight European risk out of the expectation that “Trichet and Merkel will fix surely it” is taking a binary risk that impossible to handicap. Similarly, we should not start buying anything just because we think Qe3 is
Page: HOUSE_OVERSIGHT_025226 →rweight positions in Europe represent the largest regional underweights we have ever held. [2] Will there be another recession in the US? Our friend Marty Feldstein at Harvard puts the odds at 50-50. Sell side and buy side economists missed last month’s US economic rollover by a country mile, so I am not sure how
Page: HOUSE_OVERSIGHT_025226 →Microsoft Word - 08-04-11 - EOTM - Market update.docx
ide back into Soviet rule, or anarchy (that view turned out to be wrong). Anyone market-weight European risk out of the expectation that “Trichet and Merkel will fix surely it” is taking a binary risk that impossible to handicap. Similarly, we should not start buying anything just because we think Qe3 is
Page: HOUSE_OVERSIGHT_025229 →underweight positions in Europe represent the largest regional underweights we have ever held. Will there be another recession in the US? Our friend Marty Feldstein at Harvard puts the odds at 50-50. Sell side and buy side economists missed last month’s US economic rollover by a country mile, so I am not sure how
Page: HOUSE_OVERSIGHT_025229 →On today's financial market developments
ide back into Soviet rule, or anarchy (that view turned out to be wrong). Anyone market-weight European risk out of the expectation that "Trichet and Merkel will fix surely it" is taking a binary risk that impossible to handicap. Similarly, we should not start buying anything just because we think Qe3 is
Page: HOUSE_OVERSIGHT_031156 →erweight positions in Europe represent the largest regional underweights we have ever held. 12] Will there be another recession in the US? Our friend Marty Feldstein at Harvard puts the odds at 50-50. Sell side and buy side economists missed last month's US economic rollover by a country mile, so I am not sure how
Page: HOUSE_OVERSIGHT_031156 →Entities connected to both Angela Merkel and Marty Feldstein

Bill Clinton
PERSON
JPMorgan Chase
ORGANIZATION
John F. Kennedy
PERSON
Cynthia Nixon
PERSON
Oliver Stone
PERSONMartin Weinberg
PERSON
Bundesbank
ORGANIZATIONMichael Cembalest
PERSON
Boris Yeltsin
PERSONthe European Monetary Union
ORGANIZATION
Outlook
ORGANIZATION
Bridgewater Associates
ORGANIZATIONJ.P. Morgan Securities LLC
ORGANIZATION
Don Quixote
PERSON
Moody’s
ORGANIZATIONTrichet
PERSON
Delaware
LOCATION
Aspen Insights
ORGANIZATION