| Abstrakt: |
This article presents an interview with top Morgan Stanley strategist Byron Wien. His annual list of 10 surprises for the coming year accurately foretold a big 2003 for the U.S. market and economy. This year he put out a parallel list of bearish predictions--just to tweak what he calls a too-narrow consensus. The interview covers an assessment of the market mood, the global risk, the reassessment of stock market risks by big institutions, hedge funds, the actions of small individual investors, and the impact of terrorism on the investing world. |
