The Booming Stock Market Is In Denial, Economist David Rosenberg Warns

Fresh stock market records could be creating a false sense of security in the market.
If you’re taking a look at who’s the odd man out here, it seems to be the stock market action that we’re seeing.
“In a recent research note, Rosenberg wrote: “Mr. Market spent most of 2000 and most of 2007 in similar denial mode.
The bond market was telling you a different story altogether.
So, I don’t think the bond market is telling you an inconsistent story here.

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