This page has been archived and commenting is disabled.
Full Presentation From Morgan Stanley's Ongoing "Global Equities - Thematic Bets" Call
Morgan Stanley is currently holding a call in which the firm's strategists, led by Adam Parker and Greg Peters, will be presenting their latest investment case for global equities. Sure enough, coming from Morgan Stanley the call will have a decidedly bullish tone to it, but maybe, just maybe, the firm will finally realize that as the 30 year "Great Moderation" winds down and reverts to its mean, there are other, less favorable outcomes on the horizon. Then again, this being Morgan Stanley, we doubt it. Regardless, the 52 page accompanying presentation is attached, and those who wish to dial in should just drop a line to their favorite Morgan Stanley snake oil salesman.
»
- 7155 reads
- Printer-friendly version
- Send to friend
- advertisements -
Also Check JPM LEGO research on Europe. Back to basics.
I stopped reading when they implied BAC was at a deep discount. More like deep shit.
They need to do their charts in gold, not dollars. Everything becomes clear when you remove the fiat ponzi smudge.
http://azizonomics.com/2011/09/06/america-priced-in-gold/
'BAC is at a deep discount', LOL the Ponzi marches on!
UBS just released some big report titled "Stay the Course" and advised "against selling equities." It's criminal.
Clear indication of distribution.
MarketWatch headlines yesterday were full of gloom and doom articles. I think I counted 12 of them.
Wow great and relevant post Robo! NOT!
Ohhh Morgan Stanley you are the true piss puddle of Wall St. We all skip over ya or just go around...
Hey anyone remember that 'QE3' thing everything hinged upon just a few days ago? It seems to have been completely discarded...huh I wonder what will be used to fill that huge hole in the bubble?
The British Empire during the turn of the last century also had 30 years of a "great moderation' before its decline, Afterwards, America, with her vast industries, and innovation dominated the global theatre. So too will China overtake America, and support the global economy with her innovations (green cities, technology), and industries.
Leo?
Solars?
Green what?
Poor Leo, I wonder what happened to that guy? I hope somebody is at least hooking him up with some bag lunches or something.
Environmental capitalism in the West is tainted by the culture wars between the Left & the Right. So there are many political hurdles to overcome to move innovation.
Chinese capitalism isn't rooted in the Protestant Work Ethic, like American capitalism. Nor her environmental concerns predicated on a political rubric. The problem of externalities is inherent in a protestant world-view. Sustainable capitalism is a multi-trillion dollar market, because it solves the problems of American capitalism, which underestimated, or ignored externalities, like the environment.
That is where China is headed, and with a one party system, will get there faster than anyone else.
There is one chart which is more important than others: The dollar chart
http://capital3x.com/?p=867
Just like leaders, people get the investment advisers they desreve, eh?
Tailwinds, with a slight to moderate to potentially exponentially increasing headwinds bring us to th econclusions that all classes of asses will lose theirs.
Your friendly investment adviser!
V
Value Vs. Price
If by "reverts to its mean" you mean returns to normal, then a smoother distribution should be expected.
the longer the system dooesn't implode the more likely that it will not implode. economics does the rest, debt is inflated away. hand-wringing subsides and a new culture of more conservative people emerges who typically use less credit. system rights itself, emerging in a new form, a more stable form.