David Rosenberg gives 17 reasons to be bullish.
David Rosenberg! Wow. Knock me down with a feather.
The list is here, in an article titled:
Rosenberg's 17 reasons to be bullish (seriously)
To pick out just one:
This sort of anecdotal evidence could be dismissed as maybe familiarity bias or confirmation bias from someone with a bullish bias, but Rosenberg doesn't have a bullish bias (Rosenberg being bullish is like Bin Laden eating at McDonalds ...). So, I think this sort of data point is of value.– Growing confidence that the emerging markets, especially in Asia and Latin America, will be able to 'decouple' this time around. We heard this from more than just one CEO on our recent trip to NYC and Asian thumbprints were all over the positive news these past few weeks out of the likes of FedEx and UPS.
OK, maybe two:
Check this out for another alternative view of China, too (not Rosenberg):– China's success in curbing its property bubble without bursting it.
From: If you can't inside trade, make sure you know who doesWell it looks like news is gradually leaking out of further stimulus measures in China.