Interview «This Remains One of the Most Expensive Stock Markets on Record» In U.S. equity markets, signs of exuberance are mounting. David Rosenberg, chief strategist and founder of Rosenberg Research, advises caution. He explains why the economic consequences of the war in the Middle East should not be underestimated and why he likes Asian equities and hard assets. Christoph Gisiger 13.05.2026