Jpmorgan Guide To The Markets Pdf

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Page 2 – JPMorgan Depositary Receipt Guide Source: adr.com, JPMorgan, Bloomberg The market outlook for depositary receipts continues to be strong,

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Read award-winning global economic research and market analysis from J.P. Morgan (“JPMC”) and its subsidiaries worldwide. JPMorgan Guide to Mutual Fund

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AndrAndrés D Garciaés D. Garcia -Amaya CFAAmaya, CFA andres d garcia@jpmorgan comandres.d.garcia@jpmorgan.com “Guide to the Markets – U.S.

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Since Market Peak represents period 10/9/07 – 3/31/13. Since Market Low represents period 3/9/09 – 3/31/13. Forward P/E Ratio is a bottom-up calculation based on the most recent S&P 500 Index price, divided by consensus estimates for earnings in the next 12 months (NTM), and is provided by FactSet Market Aggregates.

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Page 2 – JPMorgan Depositary Receipt Guide Source: adr.com, JPMorgan, Bloomberg The market outlook for depositary receipts continues to be strong,

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market peak suggests the market is due for a correction after five years of positive growth. Of note however, is the current price earnings (PE) ratio of 15.2 times forward earnings, which implies that the market is not over-valued or out of line with historical levels. Meanwhile, a recent Financial Post article pointed

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