(Clusterstock.com) Merrill Lynch economist David Rosenberg has once again bucked the consensus among market commentators who appear to have agreed that the US economy will recover in the second half of 2009. Based on our entirely unscientific survey of people talking to financial news folks, it seems that many believe that a recovery will come sometime in the second half of the year and that the stock market will anticipate this recovery by rallying some nine months before the economy.
The lesson of this would seem to be: buy stocks now! The Obama recovery is coming and you might miss the bottom.
Well, not so fast says Rosenberg.
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