David Rosenberg, chief economist and strategist at Gluskin Sheff, and Thomas Lee, chief US equity strategist at JPMorgan, share their outlooks on the markets and the economy.
Airtime: Tues. Nov. 24 2009 | 7:05 AM ET
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data, ability to repeat discredited memes, and lack of respect for scientific knowledge. Also, be sure to create straw men and argue against things I have neither said nor even implied. Any irrelevancies you can mention will also be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.
Faced with the choice between changing one's mind and proving that there is no need to do so, almost everyone gets busy on the proof. —John Kenneth Galbraith
Knowing that the vote over the weekend in Greece was really a referendum on Euro membership, a majority of the Greek Parliament said yes to staying. European Finance Ministers meet again on Wednesday to solidify the 2nd bailout package for Greece at the same time hopefully a deal is consummated between Greece and its creditors this week. The Greek 14.5b euro bond that matures on March 20th is up by 2 pts. The optimism that all will be completed and contained AGAIN to Greece has yields lower in Portugal, Spain and Italy. The iTraxx Financial Index is also narrower by...
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November 27th, 2009 at 7:22 pm
Rosenberg is a great egg! Give me a C give me a N give me a B give me a C, yeah CNBC yeah S&P, rah rah.
November 28th, 2009 at 5:56 am
If American companies had record or near record profits for the third quarter, why is that not indicative of a bubble? Are they expecting to set even greater records for profits in the fourth quarter and subsequent quarters in 2010? I know stock market bubbles can last a lot longer than they should, but something is rotten in Denmark (or Dubai? … or Ukraine?). Jobless recoveries are becoming a characteristic of our economy and you know that can’t be good.
November 30th, 2009 at 7:27 am
this is the second time in a week that i’ve tried to listen to what david rosenberg has to say, but i cannot stomach the adhd blather from the cnbc talk show hosts and have to shut it off and have yet to hear what rosenberg has to say.