The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

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

Rosenberg: Canadian stocks no longer cheap relative to U.S.

Canadian stocks are no longer looking so attractive relative to south of the border, according to David Rosenberg.

Inside the Market readers may remember the Gluskin Sheff chief economist, who rose to investing fame by becoming one of the first to forecast the recession of more than five years ago while at Merrill Lynch, started this year with the view that the Canadian market was trading at an “epic” discount to the U.S.