Morgan Stanley continues to think the Federal Reserve will provide more stimulus via bond buying this year, even as improving economic data have led many in the market to think the sun may be setting on that particular strategy. "For some time, our call has been that the Federal Reserve will undertake additional balance-sheet action in the first half of 2012," writes Vincent Reinhart, an economist with the bank and a former top-level Federal Reserve staffer. He argues it's most likely the Fed will act to expand its balance sheet via Treasury and mortgage bond buying--in market parlance, QE3--at either the April or ... (full story)