David Rosenberg Looks toward 2011

Consider this to be something of a public service. One of my favorite economist/market strategists, David Rosenberg, of the Canadian firm, Gluskin Scheff has offered us some predictions for 2011. Link here.

After the list of Rosenberg's rather dire predictions, Business Insider shares some of Richard Bernstein's more positive views.

To my mind Rosenberg matters here because his views are so thoroughly out of line with the Wall Street consensus. For those who follow contrarian thinking, the increasing levels of Wall Street and investor optimism, or, at least, complacency, should be warning us of trouble ahead.