Welcome to Scribd, the world's digital library. Read, publish, and share books and documents. See more
Standard view
Full view
of .
Look up keyword
Like this
0 of .
Results for:
No results containing your search query
P. 1
Financial Market Outlook (2013) ASU&JPMorgan

Financial Market Outlook (2013) ASU&JPMorgan

Ratings: (0)|Views: 113|Likes:
Published by blacksmithMG

More info:

Published by: blacksmithMG on Dec 16, 2012
Copyright:Attribution Non-commercial


Read on Scribd mobile: iPhone, iPad and Android.
download as PDF, TXT or read online from Scribd
See more
See less





ASU Financial Market Outlook (2013)
Investment products: Not FDIC insured • No bank guarantee • May lose value
Please see important information at the end of this presentation.
Anthony Chan, Ph.DManaging Director & Chief EconomistChase Private Client
US Corporations Remain Flush With Cash
Global merger and acquisition activity remains at low levelsrelative tothe size of corporation’s cash balances
M&A Volume in trillions of USD
Source: S&P, Federal Reserve, Bloomberg, FactSet, J.P. Morgan Securities LLCSource: Federal Reserve
Past performance is not indicative of future returns.
It is not possible to invest directly in an index. Pleasesee appendix for index definitions.
Corporations have high cash balances in order to deal withuncertainty
Cash and Equivalents/Tangible Assets
Share of Corporate Profits Remain Near-Record Highs
Adjusted After-Tax Corporate Profits (% of GDP)
Includes inventory and capital consumption adjustments
50-yr. avg. : 6.2%
Source: The Bureau of Economic Analysis, HaverAnalytics

Activity (24)

You've already reviewed this. Edit your review.
1 thousand reads
1 hundred reads
Karolina Cowling liked this
bodnarti liked this
Lameune liked this
Patkwa liked this
madcelona liked this
mvk911 liked this
madcelona liked this
tommeneok liked this

You're Reading a Free Preview

/*********** DO NOT ALTER ANYTHING BELOW THIS LINE ! ************/ var s_code=s.t();if(s_code)document.write(s_code)//-->