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Current DateTime: 12:15:50 28 Apr 2011LinksList Documentid: 38910464Expiration DateTime: 4/28/2011 12:18:44 AM
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Current DateTime: 10:32:54 27 Apr 2011LinksList Documentid: 39085620FacebookTwitterRSSCurrent DateTime: 10:32:54 27 Apr 2011LinksList Documentid: 38852222John Carney
Runs this joint.
Cadie Thompson
Really, really runs this joint.
Kate Kelly
Reports on the major Wall Street firms, trading, and regulation.
Jeff Cox
A staff writer with CNBC.com, covering the gamut of issues affecting the stock market and the economy.
Lori Spechler
A Senior Editor at CNBC, commodity trader in a former life.
Lori Ann LaRocco
A Senior Talent Producer at CNBC.
Nicole Lapin
Runs the graveyard.
Current DateTime: 12:18:36 28 Apr 2011LinksList Documentid: 38910635Expiration DateTime: 4/28/2011 12:21:35 AM
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setDefault('cnbc_textbody');Rosenberg Goes Bullish: Is the End Nigh?Published:
Wednesday, 27 Apr 2011 | 12:52 PM ET Text Size By: Jeff CoxCNBC.com Staff Writer
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CNBCDavid RosenbergIf the bull market will end when the last grizzled bear comes out of his den and comes to the table, then hold onto your portfolio, because it may well be dinnertime.
David Rosenberg, the curmudgeonly senior strategist and economist at Gluskin Sheff in Toronto, told clients Wednesday in his daily newsletter that he's finally given up his long-held position that the market is heading for a thud, if not an all-out crash.
Even as the major averages have risen 90 percent off their March 2009 lows, Rosenberg hasn't been convinced, arguing that the economy is still too weak and investor sentiment way too giddy to justify such a relentless rally.
No more.
"This is not about throwing in the towel," he writes, "it is an acknowledgement of what the market internals are flashing at the current time from a purely tactical and technical standpoint."
For more than two years now Rosenberg has been advising clients not to trust the rally, defending bonds against "inflationistas" and warning that deflation remains the far greater danger.
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