HOUSE_OVERSIGHT_025242.jpg

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Extraction Summary

1
People
17
Organizations
6
Locations
2
Events
1
Relationships
2
Quotes

Document Information

Type: Financial market report / internal research note
File Size: 2.78 MB
Summary

This document is a J.P. Morgan 'Eye on the Market' newsletter dated April 9, 2012, analyzing US economic recovery, the fiscal situation in Spain, and housing/auto market trends. It contains charts regarding homebuilders and auto sales, referencing the impact of the Fukushima disaster and mild weather on economic data. While the content is standard financial research, the document bears the Bates stamp 'HOUSE_OVERSIGHT_025242', indicating it was produced as part of a House Oversight Committee investigation, likely related to inquiries into J.P. Morgan's relationship with Jeffrey Epstein.

People (1)

Name Role Context
Michael Vaknin Chief Economist
Referenced regarding economic distortions coming from the 'catch-up' effect from Japan's tsunami.

Organizations (17)

Name Type Context
J.P. Morgan
Header of the document
J.P. Morgan Private Bank
Cited as source for charts
ECB
European Central Bank mentioned regarding Spain's debt
EU
European Union mentioned regarding Spain's debt
The Fed
Federal Reserve mentioned regarding monetary easing
Lennar
Listed in chart: Publicly-held builders reporting stronger demand
KB Home
Listed in chart
Toll
Listed in chart (Toll Brothers)
Hovnanian
Listed in chart
DR Horton
Listed in chart
NVR
Listed in chart
Pultegroup
Listed in chart
Empirical Research Partners
Cited as data source
BuildFax
Cited as data source
DB
Deutsche Bank, cited as data source
BEA/Wards
Cited as data source
House Oversight Committee
Inferred from Bates stamp 'HOUSE_OVERSIGHT'

Timeline (2 events)

2011
Japan's tsunami / Fukushima earthquake
Japan
March 2012
Warmest March in recorded history in parts of the US.
USA

Locations (6)

Location Context
USA
Subject of the economic analysis
Described as being in 'difficult shape'
Compared to US and Asia markets
Market region compared to Europe
Mentioned in context of tsunami and auto sales
Referenced in chart title regarding auto sales

Relationships (1)

Michael Vaknin Employment J.P. Morgan
referred to as 'our Chief Economist Michael Vaknin'

Key Quotes (2)

"Spain in particular is in difficult shape (see page 5); its banks and government may have to borrow 1.5 trillion Euros over the next 12 months while in recession."
Source
HOUSE_OVERSIGHT_025242.jpg
Quote #1
"That’s why 2013 US fiscal policy is so important: this is not a recovery that can withstand much tighter fiscal conditions."
Source
HOUSE_OVERSIGHT_025242.jpg
Quote #2

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