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Eye on the Market, July 25, 2011
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 lowered. By the end of the process, we’re still looking for deficit reduction of $3 trilli
Page: HOUSE_OVERSIGHT_025215 →ports indicating a slowdown in manufacturing and service sector surveys. Michael Cembalest Chief Investment Officer Notes [a] Bundesbank President Weidmann, in response to last week’s package: “By transferring significant risks to the support-giving countries and their taxpayers, the Euro area has taken
Page: HOUSE_OVERSIGHT_025219 →Microsoft Word - 07-25-11 - EOTM - White Castle.docx
0 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 lowered. By the end of the process, we’re still looking for deficit reduction of $3 trilli
Page: HOUSE_OVERSIGHT_025221 →worst-case outcomes have been avoided (money market failures, bank runs, etc), but markets will remain nervous about Europe. > Bundesbank President Weidmann, in response to last week’s package: “By transferring significant risks to the support-giving countries and their taxpayers, the Euro area has taken
Page: HOUSE_OVERSIGHT_025224 →Eye on the Market, July 25, 2011
y to decide whether mega-deficits are in the long-term public interest. 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 lowered. By the end of the process, we're still looking for deficit reduction of $3 trilli
Page: HOUSE_OVERSIGHT_031159 →reports indicating a slowdown in manufacturing and service sector surveys. Michael Cembalest Chief Investment Officer Notes [a] Bundesbank President Weidmann, in response to last week's package: "By transferring significant risks to the support-giving countries and their taxpayers, the Euro area has taken
Page: HOUSE_OVERSIGHT_031163 →Entities connected to both Barack Obama and Weidmann

Ronald Reagan
PERSON
Mitch McConnell
PERSON
Harry Reid
PERSON
Eleanor Roosevelt
PERSON
Belgium
LOCATION
JPMorgan Chase
ORGANIZATION
Office of Management and Budget
ORGANIZATION
Eurozone
ORGANIZATION
Bipartisan Policy Center
ORGANIZATION
the Heritage Foundation
ORGANIZATIONJ.P. Morgan Securities LLC
ORGANIZATIONMichael Cembalest
PERSON
Moody’s
ORGANIZATION
Bundesbank
ORGANIZATIONthe European Monetary Union
ORGANIZATION
Empirical Research Partners
ORGANIZATION
FactSet
ORGANIZATION
the Tax Policy Center
ORGANIZATION
Bernard Connolly
PERSONthe Gang of Six
ORGANIZATION