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Monthly Archives: September 2012
QE3 is a Mistake
The Fed made a mistake today in launching QE3. This is not just my opinion. It is the overwhelming opinion of America’s CFOs. In the Duke University-CFO Magazine Global Business Outlook Survey released September 10, 2012, we asked a key … Continue reading
Posted in Finance
Tagged Capital Investment, Duke-CFO Survey, Federal Reserve, FOMC, QE3, Unemployment
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CFOs: Lower Rates via QE3 Will Not Spur Corporate Investment
I hope members of the FOMC will read this before their meeting on Thursday. The Duke-CFO Survey, released on September 11, 2012, provides sharp, new evidence that QE3 will not stimulate economic growth. CFOs clearly tell us (647 of 667 … Continue reading
Posted in Finance
Tagged Corporate Investment, Duke-CFO Survey, FOMC, Monetary Policy, QE3, Quantitative Easing, stimulus
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