Morgan Stanley: Global Economic Forum http://www.morganstanley.com/views/gef Global Economic Forum 1 6854 The Message from Jackson Hole http://www.morganstanley.com/views/gef/archive/2008/20080829-Fri.html#anchor6854
5:19 AM - Friday, Aug 29, 2008
United States: The Message from Jackson Hole
Richard Berner | New York
Policymakers at Jackson Hole agreed that the financial crisis is far from over, implying continued downside risks for the global economy and financial markets.

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]]> Fri, 29 Aug 2008 05:19:01 EDT 6855 Moving Up the Left Side of the Dollar Smile http://www.morganstanley.com/views/gef/archive/2008/20080829-Fri.html#anchor6855
5:23 AM - Friday, Aug 29, 2008
Currencies: Moving Up the Left Side of the Dollar Smile
Stephen Jen & Spyros Andreopoulos | London
We believe that the world is moving up on the left side of the Dollar Smile, which should be USD-supportive. Going forward, we expect to see a more hesitant and asynchronous USD recovery than that witnessed in the past month.

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