the year has been dominated by bigpicture thinking central bank policy geopolitics and debates over what comes next for the global economy have done more to drive stock and bond returns than fundamentals richard bernstein has spent his 40plus year career focusing on the macro picture following stints at ef hutton and chase econometricsidc he moved to merrill lynch in 1988 as interest rates climbed under newly appointed federal reserve chairman alan greenspan bernstein rose to chief investment strategist for the bank in 2009 he set out on his own founding richard bernstein advisors