Merrill’s economist David Rosenberg left the firm yesterday (planned for several months). And he went out swinging. David has maintained from the beginning that the recent rocket rally off the lows is just a suckers’ rally, and he reiterated that view as he walked through the doors.
Clusterstock has some excerpts.
Uh, Rosenberg did not retire. He is chief economist at strategist at Gluskin Sheff and Associates.