David Rosenberg, Shockingly, Realistic

Tyler Durden's picture

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Ransomed.Heart's picture

RH sees green shoots, but only in the unemployment garden. No fertilizer required. RH agrees with Harry Dent that by August we may be at 9.8% and 11% by year end. Gird up your loins ladies and gentlemen.

Shaza's picture
Shaza (not verified) Jun 30, 2009 6:36 PM

I like the way common sense is referred to as a crystal ball by the MSM!

Anonymous's picture

Did David Rosenberg get shuttled off to Canada because he is just too honesst?

calgaryschmooze's picture

The press coverage up here has indicated that Rosenberg was becoming fairly frustrated with the "system" in which he was working in the US... so he headed back home to Toronto.

Anonymous's picture

They say the truth silences all...and there were a lot of deer in the head lights looking on!

Anonymous's picture

These CNBC guys are great, they lost so much money for their clients they have to pump up the market. Is there anyone here that doesn't think deep down this is going to be WORSE than the great depression. To be honest, that's what this country needs.

deadhead's picture

TD...heard about the kneale thing talking about you...i do hope that you will post the clip. thanks.

Anonymous's picture

I sure hope John Stewart is saving up these comments by Kneale and Cramer of the recession being over..Mike from that annuity site got what, 90 secs to make his case then he's cut out. Wtf.

Chumly's picture

Yes, I will take credit for the 350 lb woman in the thong bikini post - thank you!

What is worse anonymity or intellectual dishonesty? I'll take honest intellectual discussion with anonymity vs the rah-rahm cheerleader blathering idiot DK on CNBC.

Posted from the office in my Fairfield County, CT home, dickwad!

The Arbitrageur

Chumly's picture

Oh. one more thing DK - "hope and fortitude?" Hardly!

Why don't you show some fortitude and spend a program addressing one question of mine, which happens to be my favorite subject regarding macroeconomics: HOW is this country going to overcome the negative Marginal Productivity of Debt? I'll give you a little help - it was a rhetorical question - please fill in the blank provided ____________________________________________

HEHEHE's picture

The only thing Rosenberg did not discuss was what is happening with the number of people who've exhausted benefits and that are no longer being counted. That number is going to keep growing out the back end. What's the impact on the economy there? Personally I just paid a siblings rent for a month. There's chunk of change that won't be going to I-pods, cell phones and a new GM automobile:)

dcb's picture

Any discussion of the market without manipulation is plain silly.

Anonymous's picture

Rosenberg was bearish in 1996, he was bearish in 2000, he was bearish in 2003, he was bearish in 2006... He has absolutely zero value in managing investments. Sure he moved to a money manager but why - Gluskin only wants to get more assets, they have little interest in their actual performance as their track record indicates.