"Our Children and Grandchildren are not merely statistics towards which we can be indifferent" JFK

Thursday, July 29, 2010

David Rosenberg...one of the few that that shoots straight!

David Rosenberg, one of the very few that shoot straight offers his opinions regardingtheeconomy and the U.S. equity market. Unlike the CNBC pundits paraded around day after day, David is not attempting to unload a stock position.

David Rosenberg believes the equity market is over bought, complacency reigns and the "bullish" atmosphere could get shattered pretty quickly. When asked about 80% of companies beating earnings estimate, David comments with a "so what" this happens almost every quarter. He also stressed to not mistake earnings for a strong economy.

Mr. Rosenberg is not a Cheetos eating, Red Bull drinking algorithmic gamer...

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