Sunday, August 21, 2016

At Least We Know This For Sure

David Rosenberg: The two things we know for sure in an unpredictable year

When the Chinese tell us "may you live in interesting times," well, the times are certainly interesting. We have a very unusual situation on our hands: a six-quarter U.S. profits recession that saw earnings drop 20 per cent and the stock market rally six per cent. That doesn't happen every day that much I can assure…