David Rosenberg who used to be chief Economist of Merril Lynch from 2002 to 2009 and who now is chief strategist at Gluskin Sheff talked recently about how bad the housing situation in America really is.He truly is a skeptic and has been in the bear camp for some time now, he talks about how recently the market has been ignoring Economic figure releases and putting a positive spin on the bad numbers. So as a picture tells a 1000 words here is 6000 words on the subject.
