Almost All of Wall Street Got 2012 Market Calls Wrong

From John Paulson’s call for a collapse in Europe to Morgan Stanley (MS)’s warning that U.S. stocks would decline, Wall Street got little right in its prognosis for the year just ended. Paulson, who manages $19 billion in hedge funds, said the euro would fall apart and bet against the region’s de…

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Almost All of Wall Street Got 2012 Market Calls Wrong

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