MADRID | The Corner | One of the tactical indicators of Morgan Stanley, the “MTI” is giving a strong buy signal of European equities. In addition, outflows from Europe have been extreme. Thus, Morgan Stanley analysts expect the consensus to revise the benefits upwards from now on for the first time in 18 months.
LONDON | Is Morgan Stanley swimming against the tide? There is at least two proofs of how the US investment bank maintains contrarian positions: it says Spain will be the next Germany, but the UK will turn into Italy.
MADRID | Morgan Stanley in Madrid released an investor note on Tuesday with some recommendations, and we spotted a couple of Spanish companies (always on the bright side, we know…) “We propose the following basket of 64 stocks (Nifty Fifty +) with the intent to replicate the behaviour on the original list (Nifty Fifty) for the years 60/70 in the U.S. “The criteria we used for this stock selection exercise are:…