Dividends have accounted for more than 40% of total stock market returns since 1930, according to Morgan Stanley’s Adam Parker. In a report published recently, Parker’s team screened the stock market for the best high yield dividend...

There’s been lots of chatter about currency wars.  This is the idea that central banks around the world will do whatever they can to weaken their local currency against others in an effort to make their exports...

Morgan Stanley analyst Gerard Minack is always an intriguing read: In his latest note he talks about output gaps and fiscal policy, and argues that fiscal policy has been particularly robust during this slump, in part because...

Evidence is mounting suggesting that the U.S. economy is strengthening while the rest of the world is deteriorating. In their latest FX Pulse note, Morgan Stanley’s currency team write about how the U.S. seems to be the...

Morgan Stanley is replacing some of its traders with computers, the Wall Street Journal’s Aaron Lucchetti and Brett Philbin report.  According to the report, some of the high-paid bond traders are being replaced with computers in an...

Financial conditions. From Morgan Stanley U.S. Interest Rate Strategist Matthew Hornbach: We pay very close attention to the Chairman’s references to financial conditions. We believe that they are the main driver of policy action in the current...

If you’re hoping for the Federal Reserve to announce more easy monetary policy at its August meeting, then tomorrow’s June jobs report will need to show a negative nonfarm payrolls number, Morgan Stanley’s David Greenlaw says. However,...

Morgan Stanley’s Joachim Fels has a nice, succinct explanation of why Europe made a positive step last week at its EU summit. Note that it came out a few hours before Italy was trounced in the EU...

In his latest US Macro Dashboard note, Morgan Stanley chief economist goes back tot he Fed, and explains why the Fed hasn’t done more. He only sees one explanation… Fed officials are apparently resigned to a poorly...

Dividend yields look attractive compared to bond yields across most developed economies. Adam Parker, Morgan Stanley’s top U.S. equity strategist, is a fan. In a new report, Morgan Stanley’s global equity strategy team identifies 20 U.S. companies...