Before we could argue that Gerard Minack was the most underrated strategist on Wall Street, he announced his retirement from his then employer Morgan Stanley. His final note, which was published on May 17, caused quite a stir at the time as he perfectly articulated how and why amateurs were […]

He saw things as they were.

We'll miss Gerard Minack.

There are at least four reasons.

It really doesn't make a whole lot of sense.

But OK for jobs.

Things are getting worse.

Striking.

It could get dangerous.

Ever since the stock market rally began, there have been two schools of thought explaining this rally. 

The great debate over the “Great Rotation” continues to evolve on Wall Street.

As Wall Street’s top strategists publish their 2013 stock market forecasts, Gerard Minack is mulling over Wall Street’s embarassingly poor track record of predicting earnings, a key driver of stocks.

Gerard Minack, head of developed market strategy for Morgan Stanley, has some new commentary in the firm’s Cross Asset Strategy note.

Gerard Minack, Morgan Stanley’s head of developed market strategy, created this chart to show how 2013 earnings expectations for Australia’s stock market — the S&P/ASX 200 — have deteriorated through out the year.  Australia’s economy is largely driven by a mining industry, which has been supplying the emerging markets.  Those […]

[credit provider=”ABC via YouTube” url=”http://www.youtube.com/watch?v=DDg1t_hdHE4″] Australia flourished as its enormous mining industry supplied the world’s booming emerging markets.But the rapid deceleration in those key export markets lately have been devastating to the Australian economy.

[credit provider=”ABC via YouTube” url=”http://www.youtube.com/watch?v=DDg1t_hdHE4″] It was another busy week of earnings announcements.  Disappointing earnings announcements.Even though they’re about 5 per cent off of their highs, stocks continue to be remarkably resilient.

Morgan Stanley sent a big note to clients this morning in an attempt to resolve the huge debate sparked by Bill Gross and Jeremy Siegel recently over the relationship between stock market returns and GDP growth.