OK bears--I know you are desperate to hold on to something--so here's your prophet--David Rosenberg.
We need some bears to let the bulls make some money!
21:30 minutes into it, he talks about the 50% rally in 1930. And then he says we are now back in a bear market. Wait--when did he get bullish? Or when did the bull market begin? Whoops!!!!
And he's still bullish on Government bonds??
But the Dow will be at 9,000 in a year, and the ten year at 2%.
Thin gruel bears!!