Wall Street veteran David Rosenberg sees buy signals emerging in the market

From Dow Jones & Company: 2025-04-07 12:05:00

Wall Street veteran David Rosenberg, known for his bearish views, is now offering hope for the market. He mentioned in an interview with Bloomberg that the market could be up a year from now. His optimism is based on the CBOE volatility index, which closed at 45.31 on Friday. Rosenberg pointed out that historically, when the VIX has closed at 40 or higher, the S&P 500 has been up 96% of the time in the following year, with an average increase of more than 30%. This positive outlook comes as a surprise from someone typically pessimistic about U.S. stocks.



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