WSJ Interview with David Rosenberg

The housing downturn began five years ago this month. Ever since, countless “experts” have continually predicted that things were about to get better.  People who only want to hear good and optimistic news have had no shortage of false hopes to cling to.

I prefer to read and listen to the bloggers, economists, and investment strategists who have actually been right about the housing boom and bust. One of them is Gluskin Sheff’s David Rosenberg. He is smart, likable, and been proven right about how this global debt-deleveraging cycle is playing out. In short, when he talks, I recommend listening.

Here is an interview with David Rosenberg and The Wall Street Journal, discussing the housing market, the likelihood of a double-dip recession and how the economy will grow from here.

http://online.wsj.com/media/swf/VideoPlayerMain.swf