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Simultaneous Capital Flows, Commodities Declines Led Economic Crashes Before; It May Be Happening Again
Friday, March 4, 2016 - 3:24pm | 327In a new paper entitled "Global Cycles: Capital Flows, Commodities, and Sovereign Defaults, 1815-2015," Carmen Reinhart, Vincent Reinhart and Christoph Trebesch looked at the historical connection between capital flow, commodity prices and economic crises. According to the authors, the recent...
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Morgan Stanley: Capital Expenditure Plans Dipped In December
Wednesday, December 31, 2014 - 8:55am | 169Morgan Stanley's Composite Capex Plans Index has risen four consecutive months through November, reaching the highest level seen since June 2011. However, the Index cooled off from 22.3 in November to 21.3 in December. “Last week, after the most recent data showed a slowdown in durable goods orders...
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Morgan Stanley's Vincent Reinhart Weighs In On Rate Hiking
Tuesday, August 19, 2014 - 1:53pm | 597Morgan Stanley Chief U.S. Economist Vincent Reinhart released a note Tuesday morning that laid out the firm's view for the mechanics of the Fed exit in light of the fact that those on the current Fed board were not there when "the great experiment of embracing a zero lower bound to the...
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QE3 Is On Its Way, Just Ask The Fed
Wednesday, August 3, 2011 - 3:14pm | 748You don't need to worry whether QE3 is coming, the Federal Reserve essentially just told you it was. In an interview with the Wall Street Journal, former Fed officials Donald Kohn, Vincent Reinhart and Brian Madigan said they would support the Fed doing more easing if the economy started to...