Quote:
Originally Posted by Slava
Lol, David Rosenberg. Is he still predicting a depression or has he dialled back to just a recession? I always wonder how these guys stay in business.
Eventually we'll have another recession. I guess if Rosenberg predicts it every month, he's eventually accurate?
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You've got to remember, he isn't in the business of making accurate predictions, he's in the business of making saleable predictions.
Nobody would hire his consulting firm if he said "most likely the market will be up 6-9% this year".