Sharing an internal market update note at the suggestion of 'Mary' regarding severe setbacks in financial markets, specifically Italian debt, US recession risks, and debt ceiling debates.
A JPMorgan email from August 4, 2011, sent from the 'US GIO' account to undisclosed recipients (likely clients). The email shares an internal note prepared for the Private Bank teams regarding severe market volatility, specifically addressing the Italian debt crisis, the probability of a US recession (citing Marty Feldstein), and critique of the European Monetary Union. The sender notes that 'Mary' (likely Mary Erdoes) suggested sharing this internal analysis with clients.
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