Word: strategist
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...economic indicators were not recovering, then bank lending would be prime culprit," says top Wall Street strategist Edward Yardeni. "The weak borrowing market just doesn't seem to be stopping the economic turnaround...
...good illustration of that: right now there are two main schools of thought on the direction the economy will take in 2010, and they couldn't be more dissimilar. J.P Morgan Chase's chief U.S. equity strategist Thomas Lee is an advocate of the more optimistic outlook. He sees the Federal Reserve keeping interest rates low, credit rushing back in to households and small businesses, consumer demand taking off, employment rebounding and the S&P 500 rising 18%. (See the top stocks of the decade...
...other end of the spectrum are the likes of David Rosenberg, chief economist and strategist at Gluskin Sheff. He holds that this year's stock-market uptick can be almost entirely credited to government intervention and stimulus, and that the true, underlying trend of tighter credit and reduced spending will re-assert itself and be with us for years to come. "We have said repeatedly that this recession is really a depression," Rosenberg recently wrote...
...public pronouncement serves a purpose. "You think about this stuff all the time when you're in the business, but there's this time in December or January when you put it on paper," says Bob Doll, BlackRock's chief investment officer of global equities, another strategist known for his annual predictions. "It gives you something to point back to and say, What did I get right and wrong and what did I learn from...
...Dwarf. The group has been criticized for being little more than pretty faces unqualified to hold public office. During campaigning, some newspapers dubbed them "Ozawa's princesses" because most were recruited to run for parliament by Ichiro Ozawa, the DPJ's 67-year-old secretary general and chief election strategist. By running a slate of female neophytes - many of them unknowns and outsiders - Ozawa drew fire from some pundits who accused him of offering up unfit candidates to capitalize on voters' increasing concern over Japan's worsening economic plight and their frustration with an ineffective political establishment. (See pictures...