David Rosenberg, "onus is now on the bears"

By on June 2, 2009

David Rosenberg was on CNBC’s Fast Money yesterday and asked if the rally was justified and could continue. Rosenberg said we need to see a turnaround in 3rd quarter GDP data to justify this rally. He believes the rally can continue based on fund flows, but senses the market will roll over to the downside sometime in the summer.

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