From: US GIO <us.gio®jpmorgan.com> To: Undisclosed recipients:; Subject: Global Conference Call: Scenarios on US Fiscal Cliff & Asset Strategies : Tues, 8/7, 9amET Date: Mon, 30 Jul 2012 20:58:49 +0000 Inline-Images: JPM_logo.gif; spacengif; email_alert_icon.gif; image001.png .J.P Morgan MorganMarkets Research Email Alerts IN J.P. Morgan Research has published the following on MorganMarkets. Please click on the indicated URL to access your document. Headline: Global CC: Scenarios on US Fiscal Cliff & Asset Strategies : Tues 8/7 9amET Author(s): Thomas J Lee CFA. Katherine C Khor, Michael Feroli, Srini Ramaswamy, John Normand, Colin R Fenton Abstract: • Investors appear paralyzed by the pending US fiscal cliff, understandable given both (i) enormous stakes (up to 5% of GDP or more) and (ii) uncertainty around timing of visibility. Our previous stance has been that the fiscal cliff is not relevant until late 2012/early 2013. but as we move through the second half of 2012, it matters. • Please join us for a conference call to discuss what we view as the likely scenarios (around the fiscal cliff) and their assigned probabilities: that is, election outcomes and their effect on timeline. • We have assembled our global asset strategists (Economics, Fixed Income, Foreign Exchange. Commodities and Equities) to discuss the implications for the respective financial markets under each scenario. • Obviously, the global implications are enormous and can really only be properly analyzed from a multi-asset class view. It should be a very useful discussion. • Hosted By: • Thomas J. Lee, Chief U.S. Equity Strategist • Also participating: • Tom Block, founder Tom Block Consults and former Head of Government Relations for J.P. Morgan Chase(bio attached); • Michael Feroli, Chief U.S. Economist: • Srini Ramaswamy. Head of US Liquid Markets Strategy; • John Normand. Head of Global FX Strategy: • Colin Fenton. Chief Commodities Strategist. •