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  "documentTitle": "Hong Kong Dollar / Hong Kong Monetary Authority (HKMA) (HKD)",
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  "authorName": "Pershing Square Capital Management",
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  "presentationDate": "2011-09-14 00:00:00",
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  "notes": "Uses a causal flow diagram (Economic Weakness -> Accommodative Monetary Policy).",
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      "text": "To combat persistent weakness in the U.S. economy, the Federal Reserve has reduced short-term rates to zero and enacted two rounds of quantitative easing",
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      "text": "Near 0% Short-Term Interest Rates through mid-2013; Multiple Rounds of Quantitative Easing",
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      "text": "Unemployment: 9.1%",
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      "text": "Real GDP (YoY%) +1.5%; Unemployment 9.1%; Home Prices (YoY%) -3.8%; CPI (YoY%) 3.6%",
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