Morgan Stanley

Recovery Proves Elusive for Many of Street’s Analysts 

Here at HW, we’ve been covering the mortgage meltdown for well over a year, and the question of recovery is one that keeps coming up each and every quarter. And every quarter, it seems, the answer drudged up is one that says it’s just over the horizon — two to four quarters, max (Wall Street can’t really see much past a four-quarter long future).