David Rosenberg Hasn’t Changed His Bearish Tune

By on November 25, 2009

On CNBC yesterday David Rosenberg, chief economist and strategist at Gluskin Sheff, and Thomas Lee, chief US equity strategist at JPMorgan, shared their outlooks on the markets and the economy. Rosenberg was not positive on the prospects for the economy and he and Lee debated the future for S&P 500 earnings.

One Comment

  1. stock news

    November 25, 2009 at 5:52 am

    Key benchmark indices are expected to open flat to positive on mixed global cues. The Nifty futures traded as SGX CNX Nifty Index Futures in Singapore were up 16 points to 5089. Volatility may continue as traders shuffle their positions ahead of Thursday's expiry of November series derivatives contracts. However, weakness in the Chinese markets, and uninspiring economic data from the U.S may weigh on sentiment.

    According to data released by the NSE, in the last session, FIIs were sellers of index futures to the tune of Rs 250.25 crore and bought index options worth Rs 103.74 crore. They were net buyers of stock futures to the tune of Rs 78.10 crore while sold stock options worth Rs 116.45 crore

    More details http://www.16anna.com

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>