Rising Gas Prices

Source: EIA, J.P. Morgan Asset Management

Posted in Home | Comments closed

U.S. Money Fund Exposure to Euro Zone

Last week:

How much has U.S. money market fund exposure to the Euro zone increased since December 2011?

Answer:

U.S. money market fund exposure to the Euro zone has increased 15% since December 2011.

Next week:

How much did 10-year Italian bond yields fall between the first and second LTRO?

Source: Fitch Ratings, J.P. Morgan Asset Management

Posted in Home | Comments closed

Iranian Exports

Last week:

Petroleum products account for about 80% of Iranian exports.  What are the major destinations for Iranian exports?

Answer:

According to the EIA, China, India and Japan accounted for a combined 53% of Iranian exports in 2010.  Exports to Japan and India fell in the first half of 2011 as sanctions began to impact trade financing, a trend that looks set to continue.

Next week:

How much has U.S. money market fund exposure to the Euro zone increased since December 2011?

Source:  EIA, J.P. Morgan Asset Management

Posted in Home | Comments closed

2013 Tax Rate Could Top 43% for Investment Income

Last week:

Under current law, what will be the top marginal tax rate starting in January 2013?

Answer:

Top marginal tax rates are set to revert back to 39.6% at the start of next year, but an additional 3.8% tax on unearned income (enacted as part of Obama’s healthcare reforms) will bring top tax rates on investment income to 43.4%.

Next week:

Petroleum products account for about 80% of Iranian exports, what are the major destinations for Iranian exports?

Source: CBO, J.P. Morgan Asset Management

Posted in Home | Comments closed

January Employment Report

Last week:

The January employment report showed that there were 12.8 million unemployed people; when was the last time the number of unemployed people was this low?

Answer:

This was the lowest level of unemployment people since January 2009.

Next week:

Under current law, what will be the top marginal tax rate starting in January 2013?

Source: Federal Reserve, J.P. Morgan Asset Management

Posted in Home | Comments closed

Economic and Capital Markets Commentary


{for client use only – please email for your copy}

Posted in Home | Comments closed

Debt Globe

The countries of the world sized according to the amount of government spending.

Source: The Economist

Posted in Home | Comments closed