![\"rosenberg\"](\"http:\/\/static.businessinsider.com\/image\/4b1e636e0000000000961035-356-267\/rosenberg.jpg\")
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This weekend, Barron’s<\/em> published its well-known semi-annual roundtable<\/a> (sub req’d<\/em>) featuring the views from folks like Mario Gabelli, Fred Hickey, and Marc Faber.<\/p>\n David Rosenberg’s take? They’re all a bunch of bulls.<\/p>\n He observes:<\/p>\n The emerging consensus is that everything is just going to be fine and that we Felix Zulauf: “Cyclical forces are bullish … the market probably has 10% upside Abby Joseph Cohen: “We think global growth won’t be too bad in 2010 … we’re Fred Hickey: “The stock market will likely be up this year, unless the dollar Scott Black: “I figure S&P 500 earnings will be closer to $66, which puts the Oscar Schafer: “Liquidity and another stimulus package will keep the market Marc Faber: “The S&P 500 won’t revisit the March 2009 low of 666 in nominal Meryl Witmer: “Fifteen times earnings seems about right for the market, and Archie MacAllastar: “I’m an optimist, I expect the S&P to earn $75 to $80 this Mario Gabelli: “You’ll be up 5% to 10% in the first half of the year … interest Scott Black: “The underpinnings of the economy aren’t quite as bleak as Join the conversation about this story »<\/a><\/p>\n See Also:<\/b><\/p>\n This weekend, Barron’s published its well-known semi-annual roundtable (sub req’d) featuring the views from folks like Mario Gabelli, Fred Hickey, and Marc Faber. David Rosenberg’s take? They’re all a bunch of bulls. He observes: The emerging consensus is that everything is just going to be fine and that we should expect nothing more than a […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-195743","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/195743","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=195743"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/195743\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=195743"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=195743"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=195743"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
should expect nothing more than a second-half economic slowdown, and that if
there is a sharper turndown the monetary and fiscal spigots will be turned on
even harder. The market is seen no worse than fair-value. Treasuries remain
the enemy. This tone was highly evident in the Barron’s Roundtable, and we
offer a few snippets below: <\/p>\n
from here… my next recommendation is to short government bonds.” <\/em><\/p>\n
forecasting S&P 500 earnings of $75 to $76 this year and $90 next year.” <\/em><\/p>\n
collapses.” <\/em><\/p>\n
market at 17.3 times earnings, about the historic norm.” <\/em><\/p>\n
up.” <\/em><\/p>\n
terms ever again.” <\/em><\/p>\n
earnings could grow a little this year … fair value isn’t so different from where
the market is now.<\/em><\/p>\n
year. Public participation will increase.” <\/em><\/p>\n
rates at some point will top 4%.” <\/em><\/p>\n
everyone thinks.” <\/em><\/p>\n\n
<\/p>\n","protected":false},"excerpt":{"rendered":"