HOUSE_OVERSIGHT_030006.txt

This document is titled "Eye on the Market" dated June 14, 2011, and it provides an update on market conditions from a financial institution's perspective. The main topics discussed include market optimism in April and the tug-of-war between private sector profits and public sector problems. The author also notes that while equity markets are priced inexpensively, they are likely to stay that way due to stimulus in the East and ineffective stimulus in the West. Additionally, the document discusses the Osama Bin Laden episode's impact on the equity market peak and how it lasted for only around 2.5 hours. The author also references Christina Romer and John Taylor from Stanford University and highlights the disproportionately large pain that small, non-sovereign entities can inflict in the modern era.