And now, he'll tell the world that he was "just early" Wall Street gibberish for I was wrong!
At least, when it happened, I called these charlatans on the carpet!
Wednesday, August 11, 2010
Bring 'em out now!!
Here's that story:
The Dow, which now stands at 9,686.48, is likely to fall well below 1,000 over perhaps five or six years as a grand market cycle comes to an end, he said. That unraveling, combined with a depression and deflation, will make anyone holding cash “extremely grateful for their prudence.”
And how about David Rosenberg??? Who said we were heading into a depression?? Where are these folk now? And how much money did they cost you??