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J.P. Morgan Private Bank Analyst Interview Question

I interviewed in Chicago, IL and was asked:
"Describe your thoughts regarding the fiscal cliff and how do you expect the market to react?"
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Part of a Private Bank Analyst Interview Review - one of 2,216 J.P. Morgan Interview Reviews

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If congress does not reach an agreement by the end of the year, taxes will hike, government spending will get cut, the market is likely to tank and we will likely head back into another recession.
- Interview Candidate on Nov 29, 2012

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