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5 mins read

'A buying spree of epic proportions': How the Federal Reserve bucked precedent and forever changed its role in the US economy

The Fed's drastic measures have some experts worried. They think the actions put the market at risk…

Ben Winck   


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1 min read

MORGAN STANLEY: 4 Fundamentals Build The Foundation For US Economic Acceleration In 2014

The financial crisis of 2007-08 took an enormous toll on the level of economic activity. With this …

Sam Ro   


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2 mins read

Here's The One Thing You Should Look For In This Week's FOMC Statement

At some point, "since last fall" is going to sound confusing because we are making our way through …

Sam Ro   


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1 min read

CHART OF THE DAY: THE ECONOMY IS NOW AT DEFCON 3

For this exercise, we have chosen to use a 1-to-5 point scale. It seemed appropriate to borrow from…

Sam Ro   


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2 mins read

MORGAN STANLEY: The Fed Has 'Heavy-Caliber Ammunition In Reserve'

...True, Fed officials have used QE in the past to signal the Fed's willingness to keep policy acco…

Sam Ro   


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1 min read

MORGAN STANLEY: The Fed's Decision To Taper In September Is Now Dependent On A Single Data Release

"The net consequence of the neither hot-nor-cold report is that the Fed really will be data depende…

Matthew Boesler   


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The Complete Debate Over The US Economy In One Slide

"The growth “soft patch” should be relatively shallow and over by 2H13," write the economists at Mo…

Sam Ro   


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1 min read

INFLECTION POINT: Here's Morgan Stanley's Presentation On How The US Economy Will Take Off In 2013

"In the Morgan Stanley forecast for the US, the trajectory of economic activity marks an inflection…

Sam Ro   


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1 min read

Ben Bernanke Will Say Something Interesting Today ONLY If He Makes A Mistake

But do not expect one. Chairman Bernanke operates as a more democratic chairman than his predecesso…

Sam Ro   


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2 mins read

MORGAN STANLEY: 'The Odds Favor A Government Shutdown'

Circling back to the start, the conversation at the policy-making scrum at the Conference Center at…

Sam Ro   


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10 mins read

REINHART AND ROGOFF: 'Full Stop,' We Made A Microsoft Excel Blunder In Our Debt Study, And It Makes A Difference

HAP go on to note some other missing debt data points, which they describe as “selective omissions”…

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1 min read

VINCENT REINHART: If There's No Debt Ceiling Deal, The Treasury Will Have To Break At Least One Of Three Laws

This last point is interesting, but seems the least likely. Theoretically the Fed is able to provid…

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3 mins read

REINHART AND ROGOFF FIRE BACK: Critique Of Our Work Still Confirms What We've Found On High US Debt

We literally just received this draft comment, and will review it in due course. On a cursory lo…

Rob Wile   


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6 mins read

An unusual curveball from the White House is hurtling towards the Fed

The plan as manifest over the past 1½ years is to firm policy at every press-conference meeting, pr…

Vince Reinhart, Standish   


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3 mins read

The biggest flaws in Fed statements - according to an economist who used to write them

The length alone is a problem for the Fed's key means of communicating with markets, according to V…

Akin Oyedele   


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3 mins read

Crashing Oil Prices Will Be Terrible ONLY For A Tiny Part Of The US Economy

Our Exploration & Production industry analysts have concluded that "if oil prices remain low fo…

Sam Ro   


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1 min read

America's Equipment Is Getting Seriously Old

"While consumption growth has slowed this year, and tight credit has led to disappointing housing a…

Sam Ro   


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1 min read

These Two Charts Show Why The Economic Crisis Is Far From Over

Six years on from the financial crisis people were expecting a global economy less reliant on debt …

Tomas Hirst,Tomas Hirst   


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2 mins read

A 'Poisonous Combination' Of Debt and Stagnation Could Sink The Recovery

"Deleveraging and slower nominal growth are in many cases interacting in a vicious loop, with the l…

Mike Bird   


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5 mins read

It's Back To Normal In The Economy This Week - Here's Your Complete Preview

"Stay bullish into year-end," Wall Street strategist Tom Lee writes. "We see multi-year gains ahead…

Sam Ro