Roach's last report as chief economist
Morgan Stanley's outgoing chief economist, Stephen Roach, sums up his 25-year journey by offering three macro milestones which he says stood out over the period.
June 21, 2007
The cocktail party test has to be one of the world's most reliable economic indicators. "If you save in America and you talk about it at a cocktail party, people make fun of you," says Stephen Roach, managing director and chief economist at Morgan Stanley. "People talk about their big houses and their broker."
