Saturday, April 09, 2016

The Current Market - "No Leadership"

David Rosenberg: Why it's time to turn cautious on the markets

The two words that Janet Yellen emphasized in her seminal speech last week were "global" (11 references versus four at her February congressional testimony and just once in her last December speech ... just ahead of the you-know-what hitting the fan) and "uncertainty" (10 times, up from three citations in February and eight in December). So…