From the Morgan Stanley "Economic and Investment Perpespective Stratagem" for Spring 2002 -
<i>They're back. After a bear market decline for the better part of two years, stocks have resumed their long-term upward climb, albeit modestly. The new bull market has proved resilient despite continued fears of terrorist attacks and, more recently, mounting concerns about corporate debt, accounting practices, and research integrity.</i>
So you ask, Gee Baanista, why would you expect Morgan Stanley's economic analysts to be any better than their stock analyst? What's the news here?
Well, what tickled me was having the Spring 2002 Analysis show up in my mail box in August, after a particularly bloody July in the market. Of course this advice was a lot more useful now when I can reach the proper conclusion - Don't listen to Morgan Stanley. The headline of the article said it all "More Bull to Come".
Someone needs to extend their document retention policy to cover their newsletters. Perhaps something like shred economic prognostications once the ink has dried.
Regards,
Baanista - Who had been just dying to post in this category
<i>They're back. After a bear market decline for the better part of two years, stocks have resumed their long-term upward climb, albeit modestly. The new bull market has proved resilient despite continued fears of terrorist attacks and, more recently, mounting concerns about corporate debt, accounting practices, and research integrity.</i>
So you ask, Gee Baanista, why would you expect Morgan Stanley's economic analysts to be any better than their stock analyst? What's the news here?
Well, what tickled me was having the Spring 2002 Analysis show up in my mail box in August, after a particularly bloody July in the market. Of course this advice was a lot more useful now when I can reach the proper conclusion - Don't listen to Morgan Stanley. The headline of the article said it all "More Bull to Come".
Someone needs to extend their document retention policy to cover their newsletters. Perhaps something like shred economic prognostications once the ink has dried.
Regards,
Baanista - Who had been just dying to post in this category