I won’t say they’re perma-bears (they kinda are), but David Rosenberg & Komal Sri-Kumar today have officially started their wild adventure in the quest for White Castle, a 2000 point rally in the Dow.
I suspect both of them were toking a bit of the wacky tobacky last night conjuring up how Europe’s woes end successfully. That’s not to say it can’t or won’t – but to have both of them on the same bullish playbook let alone the same page just doesn’t happen.
So, either they are both really high right now, or we maybe should listen… (The tripped out Neil Patrick Harris moment hits shortly after 7:30 — i.e. the rally banter — but the whole thing is worth the watch)