Word: strategist
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...Chirac, meanwhile, was rubbing his hands in glee over his suddenly improved prospects. Ever since he unwisely called - and lost - a snap parliamentary election in 1997, he has been a deeply wounded leader, forced to share power with Jospin and shorn of his image as a master strategist. As a result, many analysts were ready to write off Chirac's re-election chances. But the conservatives' unexpectedly strong showing last week points to a real horse race in the 2002 contests...
...glaring are such conflicts of interest that Byron Wien, stock-market strategist at Morgan Stanley, took the system to task in his research report: "It is clear that the profession has some serious work to do to rebuild confidence," he wrote, urging analysts to be "intellectually honest and independent." My favorite criticism comes from the stock jocks on CNBC--the very same folks who made stars of bulls like Blodget and Meeker by putting them on the air day after day while the bubble was still bloating. These watchdogs now insist that analysts answer for their miscalls...
...that time at hand? A lot of people think so. "The broad economy is not as bad as the technology economy. More people are starting to wake up to the fact that this is a technology problem," says Thomas McManus, portfolio strategist at Banc of America Securities in New York City. Certainly there are hopeful signs. Consumer-sentiment figures released by the University of Michigan Friday suggest that the pessimism may be leveling off. Car and home sales have held up reasonably well, drawing down inventories, a critical issue. Consumers have been refinancing their homes at the fastest clip...
...with inflation low the Fed has room to cut away. Why isn't the stock market responding now? "In the early innings of a weak economy there's always a battle between lower interest rates and falling corporate profits, and falling corporate profits always win," says Richard Bernstein, strategist at Merrill Lynch. In that respect, he says, there's nothing unusual about what's happening. Investors are focused on the bad news. Eventually, though, falling rates breathe life into an ailing economy--and into the stock market well in advance...
...smile he'll offer is a small grin--a smirk, really. I got one for noticing the GRIZZLY BEAR CROSSING sign on his wall, near a swollen bookcase burdened with such cheery titles as Blown to Bits, Cleaning Up the Mess and Debt Shock. No question: Biggs, chief global strategist at Morgan Stanley Dean Witter, is Wall Street's ranking pessimist. As such, being right--as he has been lately--is a mixed blessing. It means things suck. So it would be unseemly to gloat. Yet Biggs could, even should, given that 16 months ago he was dismissed...