Morgan Stanley said it hired Adam Parker from Sanford C. Bernstein & Co. as U.S. equity strategist.
Jason Todd has left Morgan Stanley as a global equity strategist, according to Sandra Hernandez , a spokeswoman for the New York-based securities firm.
Adam Parker, the most pessimistic strategist on Wall Street, said he was too bearish on U.S. equities after the Standard & Poor’s 500 Index rallied 13 percent this year.
Even if the creative types didn’t outnumber the bankers, at least they showed them a good time at the Brooklyn Artists Ball.
"Tapering of asset purchases should not pose a significant risk for equities."
- Adam Parker on Sep 24, 2013
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