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Gluskin Sheff chief economist David Rosenberg.
Gluskin Sheff chief economist David Rosenberg.
(Deborah Baic/The Globe and Mail)

Rosenberg: Stocks are 20% cheaper in Canada than in the U.S.

Earlier this week we noted how David Rosenberg is getting a bit nervous over the growing strength of the U.S. bull market. Much less of a bear these days than he used to be, the chief economist with Gluskin Sheff + Associates nonetheless thinks U.S. equities are starting to look “just a tad frothy” after three years of being the world’s stock market darling.